In January 2009, Suppose That a Share of Stock in Meyer

question 44

Multiple Choice

In January 2009, suppose that a share of stock in Meyer, Inc. was worth $50 and that each share entitled its owner to $2 of Meyer, Inc.'s profit. During 2009, the price of a share of Meyer's stock increased to $100. The interest rate paid on the share percent.

• A) 4
• B) 0.02
• C) 2
• D) 25

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