Electronics,Inc

question 8

Multiple Choice

Electronics,Inc.common stock returned a nifty 23.5 percent rate of return last year.The dividend amount was $0.25 a share which equated to a dividend yield of 0.95 percent.What was the rate of price appreciation for the year?

• A)22.55 percent
• B)23.38 percent
• C)23.60 percent
• D)23.87 percent
• E)23.52 percent