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%

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Definitions:

Collaborative Style

A work approach focusing on teamwork, shared goals, and collective effort to achieve objectives or solve problems.

Mediators

Individuals or entities that intervene in disputes or negotiations to help the parties involved reach an agreement.

Collaboration

Working jointly with others or together in groups to achieve a common goal or produce a collective outcome.

Win-win Solutions

A strategy or solution aimed at addressing a conflict or problem in a way that all parties involved find satisfactory, ensuring mutual benefit.