Electronics, Inc. common stock returned a nifty 23.5 percent rate

Electronics, Inc. common stock returned a nifty 23.5 percent rate

Subject: Business    / Finance
Question
Electronics, Inc. common stock returned a nifty 23.5 percent rate of return last year. The dividend amount was $0.25 a share which equated to a dividend yield of 0.95 percent. What was the rate of price appreciation for the year?
Answer 22.55 percent
23.38 percent
23.60 percent
23.87 percent
23.52 percent