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%

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