You Bought a Stock for $80

question 3

Multiple Choice

You bought a stock for $80.00 and sold it after three years for $95.00.While you held the stock it paid $3.00 in dividends.What is the annualized return?

• A) 18.75%
• B) 11.25%
• C) 7.50%
• D) 22.50%
• E) 9.38%

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Definitions:

Papillae

Small, nipple-like structures on the tongue where taste buds reside, playing a key role in the sense of taste.

Taste Buds

Small sensory organs found on the tongue, capable of detecting the five types of tastes: sweet, sour, salty, bitter, and umami.

Microvilli

Small, finger-like projections from the surface of some cells which increase the surface area for absorption or secretion.

Sensorineural Hearing

A type of hearing loss resulting from damage to the inner ear or to the nerve pathways from the inner ear to the brain.