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koranbutterton
07.04.2020 •
Business
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
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Ответ:
The correct answer is 20%.
Explanation:
According to the scenario, the given data are as follows:
Stock price one year ago = $20
Current stock price = $24
Dividend paid = $3
So, we can calculate the rate of return from capital appreciation by using following formula:
RR from capital appreciation = Capital Appreciation ÷ Start Price
Where Capital Appreciation = $24 - $20 = $4
So, by putting the value we get,
RR from capital appreciation = $4 ÷ $20
= 0.2 or 20%
Ответ:
B.
he also died in a town called chihuahua.
Explanation: