Multiple Choice
The common stock of Jesup's returned a nifty 24.6% rate of return last year. The dividend amount was $0.40 a share which equated to a dividend yield of 0.6%. What was the rate of price appreciation for the year?
A) 18.6%
B) 24.0%
C) 24.6%
D) 25.2%
E) 30.6%
Correct Answer:
Verified
Correct Answer:
Verified
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