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? (Round your answer to the nearest percent.)

• A) 17%
• B) 20%
• C) 29%
• D) 35%

---

Definitions:

Inventory Analysis

The examination and evaluation of stock to ensure efficient management and optimization of resources.

Quantitative Approach

A research approach centered on measuring and statistically analyzing data collection and interpretation.

Profit Margins

A financial metric that measures the percentage of revenue that exceeds the costs of producing goods or services.

Open System

An open system is a system that continuously interacts with its environment, exchanging information, matter, and energy.