Gwen Purchased a Share One Year Ago for $25, and It

question 54

Multiple Choice

Gwen purchased a share one year ago for $25, and it is now worth $31. The share paid a dividend of $1.50 during the year. What was the share's rate of return income during the year? (Round your answer to the nearest per cent.)

• A) 6%
• B) 15%
• C) 24%
• D) 26%

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