Answer:
b. 14.78%
Explanation:
Given that
Initial price at the starting of the year = $42.50
And, the ending share price at the ending of the current year = $48.78
The computation of the capital gain yield is shown below:
= (Ending share price - initial price) ÷ (Initial price) × 100
= ($48.78 - $42.50) ÷ ($42.50) × 100
= $6.28 ÷ $42.50 × 100
= 14.78%
