Francis Purchased a Stock One Year Ago for $20, and It

question 17

Multiple Choice

Francis purchased a stock one year ago for $20, and it is now worth $24. The stock paid a dividend of $3 during the year. What was the stock's rate of return from capital appreciation during the year?

• A) 17%
• B) 20%
• C) 29%
• D) 35%

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Definitions:

Transitivity

In mathematics and logic, transitivity is a property of binary relations that if an element A is related to B, and B is related to C, then A is also related to C.

Mainstreaming

The educational practice of integrating children with special needs into standard classrooms and activities as much as possible.

Immanent Justice

The belief, often held by children, that moral infractions are always punished spontaneously by a natural force or intrinsic mechanism.

Moral Realism

The judgment of acts as moral when they conform to authority or to the rules of the game.