In 2008, a Share of Apple Stock Costs $82

question 114

Multiple Choice

In 2008, a share of Apple stock costs $82.58 and gives $5.36 of Apple's profit to its owner. In 2007, a share cost $174.36 and still gave its owner $5.36 of Apple's profit. Which of the following statements is correct?

• A) The interest rate paid on a share of Apple stock decreased as the price decreased from $174.36 to $82.58.
• B) An increase in the profit per share causes the stock price to fall.
• C) Between 2007 and 2008, the interest rate paid on a share of Apple stock increased from 3.1 percent to 6.4 percent.
• D) When the price of a share of Apple's stock increase, Apple's profits increase.