Return to stockholders is 15% and periodic dividend payments are 11.5% then gains on capital are

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A. 2.65%
B. 3.50%
C. 1.30%
D. 4.30%
✅ The correct answer is option B.
Gains on capital = Return to stockholders – Periodic dividend payments
= 15% – 11.5% = 3.50%.

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