Mark Bought 100 Shares of XYZ Stock on January 5

question 242

Multiple Choice

Mark bought 100 shares of XYZ stock on January 5 at $12.05 per share. XYZ declared a $0.30 per share dividend on February 24 with a record date of Friday, March 24 and a payment date of April 15. Mark sold his 100 shares on March 22 at a price of $13.22 a share. How much did Mark make on this investment?

• A) $87
• B) $117
• C) $127
• D) $147
• E) $177

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Definitions:

Anal Expulsive

A term from Freudian psychoanalysis referring to a personality type that emerges from an unorganized and lenient approach to toilet training, often resulting in a messy, careless, or defiant character.

Oedipus Complex

A conflict of the phallic stage in which the boy wishes to possess his mother sexually and perceives his father as a rival in love.

Electra Complex

A psychoanalytic concept, proposed by Freud, suggesting a girl's sense of competition with her mother for the affections of her father.

Social Cognitive Theory

A theoretical framework that emphasizes the role of observational learning, social experience, and reciprocal determinism in the development of personality and behavior.