Which of the following statements is true for a stock that sells now for $60,pays an annual dividend of $4.00,and experienced a 20% return on investment over the past year? Its price one year ago was:
A) $42.00.
B) $46.15.
C) $48.46.
D) $53.33.

Question

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The Answer of Which of the following statements is true for a stock that sells now for $60,pays an annual dividend of $4.00,and experienced a 20% return on investment over the past year? Its price one year ago was:
A) $42.00.
B) $46.15.
C) $48.46.
D) $53.33.

Which of the Following Statements Is True for a Stock