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The Common Stock of Jesup's Returned a Nifty 24

question 122

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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?


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Unstructured Conversation

A type of dialogue that does not follow a predetermined format or topic, allowing for free-flowing and spontaneous communication.

Dependable

Capable of being relied upon; showing reliability and consistency in actions and behavior.

Conscientious

Describing an individual who is diligent, careful, and thorough in their duties or work.

Extravert

A person who is outgoing and thrives in social situations, typically characterized by high levels of sociability and enthusiasm.

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