If 700 Shares with a Par Value of $35/share,a Dividend

question 8

Multiple Choice

If 700 shares with a par value of $35/share,a dividend rate of 5% and redeemable for $50/share,are sold for $45/share how much dividend will the equity holders be entitled to?

• A)$525
• B)$1,225
• C)$1,575
• D)$1,750

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Definitions:

Pleasure Principle

A psychoanalytic concept proposing that people seek immediate gratification of needs and desires to avoid pain or discomfort.

Psychic Tension

Mental or emotional strain and stress.

Pleasure Principle

A psychoanalytic concept suggesting that individuals seek pleasure and avoid pain to satisfy their biological and psychological needs.

Psychodynamic Therapy

A form of depth psychology, the primary focus of which is to reveal the unconscious content of a client's psyche in an effort to alleviate psychic tension.