You Live in New York and Buy a Share of Phillips

question 30

Multiple Choice

You live in New York and buy a share of Phillips at a price of 166 euros. At the end of the year, you receive a dividend of 4 euros and the stock price is 160 euros. If the euro appreciates by 8% during the year, what was your percentage return in dollars for the year?

• A) -10%
• B) -1%
• C) +7%
• D) +9%
• E) +11%

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Definitions:

Modus Ponens

a logical argument form and principle of inference where if a conditional statement ("if P, then Q") is accepted, and the antecedent (P) holds, then the consequent (Q) can be concluded.

Modus Tollens

A form of logical argument where the consequent is negated, leading to the negation of the antecedent.

Antecedent

A thing or event that exists or comes before another in time or logically precedes it.

Analogy

A cognitive process of comparing two things based on their similarity in some respects, often used to explain concepts or ideas.