The toy chest pays an annual dividend of 480 per share and


The Toy Chest pays an annual dividend of $4.80 per share and sells for $93.20 a share based on a market rate of return of 15 percent. What is the capital gains yield?

9.85 percent

7.35 percent

10.00 percent

7.78 percent

9.23 percent

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Financial Management: The toy chest pays an annual dividend of 480 per share and
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