If a stock is purchased for $25 per share and held one year, during which time a $3.50 dividend is paid and the price climbs to $28.25, the nominal rate of return is:
A)13.00 percent.
B)14.00 percent.
C)23.01 percent
D)27.00 percent.

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The Answer of If a stock is purchased for $25 per share and held one year, during which time a $3.50 dividend is paid and the price climbs to $28.25, the nominal rate of return is:
A)13.00 percent.
B)14.00 percent.
C)23.01 percent
D)27.00 percent.

If a Stock Is Purchased for $25 Per Share and Held