Question

The capital gains yield is equal to:
A. (Pt - Pt + 1 + Dt + 1)/Pt + 1.
B. (Pt + 1 - Pt + Dt)/Pt.
C. Dt + 1/Pt.
D. (Pt + 1 - Pt)/Pt.
E. (Pt + 1 - Pt)/Pt + 1.

Answer

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