Last Year,Grenville Common Stock Had a Rate of Return of 15.84

question 18

Multiple Choice

Last year,Grenville common stock had a rate of return of 15.84 percent,a fixed annual dividend of $2.65 a share,and a dividend yield of 2.7 percent.What was the rate of price appreciation on the stock?

• A)13.50%
• B)12.48%
• C)12.75%
• D)13.14%
• E)13.85%

---

Definitions:

Displaced Persons Act

A law enacted by the United States in 1948 to help European refugees displaced by World War II, allowing for their admission into the U.S. beyond existing immigration quotas.

Executive Order 9981

A historic executive order issued by President Harry S. Truman in 1948, which abolished racial discrimination in the U.S. military.

Marshall Plan

A US initiative to aid Western Europe after World War II, providing economic assistance to help rebuild European economies and prevent the spread of communism.

Soviet Annexation

The forceful acquisition and incorporation of territory by the Soviet Union into its sovereign boundaries, typically against the will of the annexed territory's populace.