The common stock of Jesup's returned a nifty 24.6% rate of return last year. The dividend amount was $0.40 a share which equated to a dividend yield of 0.6%. What was the rate of price appreciation for the year?

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The Answer of The common stock of Jesup's returned a nifty 24.6% rate of return last year. The dividend amount was $0.40 a share which equated to a dividend yield of 0.6%. What was the rate of price appreciation for the year?

The Common Stock of Jesup's Returned a Nifty 24