The Common Stock of Filmore Brands Returned a 12

question 168

Multiple Choice

The common stock of Filmore Brands returned a 12.6% rate of return last year. The dividend amount was $1.10 a share which equated to a dividend yield of 2.2%. What was the rate of price appreciation on the stock?

• A) 8.73%
• B) 9.3%
• C) 10.4%
• D) 14.8%
• E) 15.12%