The Busby Corporation Had a Share Price at the Start

question 111

Multiple Choice

The Busby Corporation had a share price at the start of the year of $26.20,paid a dividend of $0.56 at the end of the year,and had a share price of $29.00 at the end of the year.Which of the following is closest to the rate of return of investments in companies with equal risk to The Busby Corporation for this period?

• A)5%
• B)7%
• C)9%
• D)13%
• E)15%

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