A Rate of 40% Could Be Expressed as 2/5

question 27

True/False

A rate of 40% could be expressed as 2/5.

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Definitions:

Annual Dividend

The total dividend payments made to shareholders in a year, typically expressed per share.

Rate of Return

The enhancement or reduction in worth of an investment across a specific duration, measured as a proportion of the investment's original cost.

First Dividends

The initial distribution of earnings paid to shareholders by a corporation that has just begun paying dividends.