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Last Year,Grenville Common Stock Had a Rate of Return of 15.84

Question 18

Multiple Choice

Last year,Grenville common stock had a rate of return of 15.84 percent,a fixed annual dividend of $2.65 a share,and a dividend yield of 2.7 percent.What was the rate of price appreciation on the stock?


A) 13.50%
B) 12.48%
C) 12.75%
D) 13.14%
E) 13.85%

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