Question: A firm s common stock generated a 2 2 . 5 5 percent rate of return last year. The annual dividend amount was $ .

A firms common stock generated a 22.55 percent rate of return last year. The annual dividend amount was $.65 per share which equated to a dividend yield of 2.9 percent. What was the rate of price appreciation for the year? Multiple Choice 23.20%25.45%22.534%21.90%19.65%

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