WayCo Stock Was $75 Per Share at the End of Last

question 112

Multiple Choice

WayCo stock was $75 per share at the end of last year. Since then, it paid a $3 per share dividend last year. The stock price is currently $70. If you owned 200 shares of WayCo, what was your percent return?

• A) −6.67 percent
• B) −2.67 percent
• C) 4.00 percent
• D) 4.29 percent

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Definitions:

Health Insurance

A type of insurance coverage that pays for an insured individual's medical and surgical expenses.

Health Care Market

The aggregate of all public and private organizations, conditions, and interactions related to the production and consumption of health care services.

Demand And Supply

Fundamental economic concepts representing the desire for goods and services by consumers and the amount of goods and services available in the market.

Price Elasticity Of Demand

A measure of how much the quantity demanded of a good responds to a change in its price, indicating the sensitivity of consumers to price changes.