The Common Stock of Jesup's Returned a Nifty 24

question 21

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%

---

Definitions:

Newsrooms

Newsrooms are dynamic environments where journalists and editors gather, process, and disseminate news content to the public through various media outlets.

Diversity

The inclusion and representation of various demographic backgrounds, cultures, perspectives, and ideas within a group, organization, or society.

Working-Class Man

A working-class man refers to an individual who performs manual labor or is employed in low-paying wage jobs, often viewed as part of the broader working class.

Television

A system for transmitting visual images and sound that are reproduced on screens, primarily used for broadcasting entertainment, news, and information.