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?

Name: 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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g = 12.25% - 1.6% = 10.65%

Grenville Common Stock Had a 12