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You purchased GARP stock one year ago at a price of $65.35 per share. Today, you sold your stock and earned a total return of

You purchased GARP stock one year ago at a price of $65.35 per share. Today, you sold your stock and earned a total return of 18.47 percent. The stock paid dividends of $2.60 per share over the year. What was the capital gains yield on your investment?

Multiple Choice

  • 17.24%

  • 14.49%

  • 13.17%

  • 16.10%

  • 18.47%

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