The Common Stock of Grady Co

question 48

Multiple Choice

The common stock of Grady Co. had an 11.25% rate of return last year. The dividend amount was $.70 a share which equated to a dividend yield of 1.5%. What was the rate of price appreciation on the stock?

• A) 1.50%
• B) 8.00%
• C) 9.75%
• D) 11.25%
• E) 12.75%

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