If a Stock Pays Dividends at the End of Each

question 97

Multiple Choice

If a stock pays dividends at the end of each quarter,with realized returns of R1,R2,R3,and R4 each quarter,then the annual realized return is calculated as:

• A)Rannual = .
• B)Rannual = (1 + R1)(1 + R2)(1 + R3)(1 + R4).
• C)Rannual = (1 + R1)(1 + R2)(1 + R3)(1 + R4)- 1.
• D)Rannual = R1 + R2 + R3 + R4.

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Definitions:

Rayed Crater

A type of crater characterized by radiating lines or bands of debris thrown out by the impact that formed the crater.

Mare

A dark, low-lying, relatively smooth area on the Moon consisting of basalt.

Lunar Highlands

Rough, mountainous regions on the moon's surface, characterized by their lighter color and higher altitude than the lunar maria.

Mare

Latin for "sea," often used to describe the large, dark basaltic plains on the Moon, formed by ancient volcanic eruptions.