Question
Grenville common stock had a 12.25 percent rate of return last year. The fixed annual dividend is $.65 a share, which equates to a dividend
Grenville common stock had a 12.25 percent rate of return last year. The fixed annual dividend is $.65 a share, which equates to a dividend yield of 1.6 percent. What was the rate of price appreciation on the stock?
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Inflation Growth And International Finance
Authors: Alec Cairncross
1st Edition
113865308X, 978-1138653085
