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Question: The common stock of Jesup's returned a nifty 24.6 percent rate of return last year. The dividend amount was $0.40 a share which equated to a dividend yield of 0.6 percent. What was the rate of price appreciation (capital gains) for the year? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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