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:

Romantic Love

A deeply emotional and passionate form of affection towards a partner.

Heighten

To increase the intensity, size, or degree of something.

Foster

To encourage the development or growth of ideas, feelings, or abilities.

Binet

Binet, Alfred (1857-1911), was a French psychologist who, together with Theodore Simon, developed the first practical IQ test, the Binet-Simon scale.