Multiple Choice
Electronics,Inc.common stock returned a nifty 23.5 percent rate of return last year.The dividend amount was $0.25 a share which equated to a dividend yield of 0.95 percent.What was the rate of price appreciation for the year?
A) 22.55 percent
B) 23.38 percent
C) 23.60 percent
D) 23.87 percent
E) 23.52 percent
Correct Answer:
Verified
Correct Answer:
Verified
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