Doug Baker Bought Toronto Dominion Stocks for $50 a Share

question 61

Multiple Choice

Doug Baker bought Toronto Dominion stocks for $50 a share one year ago.He sold the stock a year later for $55.50 a share.What was John's capital gains yield?

• A)3 percent
• B)3.50 percent
• C)9.9 percent
• D)11 percent
• E)111 percent

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Definitions:

Risk-tolerant Investors

Investors who are willing to accept higher levels of volatility and risk in pursuit of potentially greater returns.

Endowment Funds

Funds that are established by donations with the intent that the principal amount is kept intact while the investment income is available for use.

Nonprofit Institutions

Organizations that operate for the collective public or social benefit instead of generating profit for owners or investors.

Investment Earnings

Profits or gains derived from various investments, including interest, dividends, and capital gains.