FIN202_-_FA_2023_-_FE_1026.webp
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FIN202_-_FA_2023_-_FE_1026.webp

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(16 (16
(Choose 1 answer)
A. 17%
B. 20%
C. 29%
D. 35%
(20661)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.)


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