Josh Purchased 100 Shares of XOM at the Beginning of 2016

question 36

Multiple Choice

Josh purchased 100 shares of XOM at the beginning of 2016. He received dividends per share of $1.37 (2016) , $1.55 (2017) , $1.66 (2018) , $1.74 (2019) , $1.85 (2020) . At the end of 2020, just after receiving the last dividend, he sold the stock for $84.76. At what rate did the dividends grow from the end of 2016 to the end of 2020? Assume that all dividends were received at the end of the year.

• A) 7.8%
• B) 6.2%
• C) 13.1%
• D) 35%

---

Definitions:

Positive Feedback Loop

A process that occurs in a system where the output enhances or amplifies the initial condition, leading to an increase in the effect.

Co-operation

The process of groups or entities working together towards a common goal, often leading to mutual benefit or success.

Mutualism

A type of symbiotic relationship between two species in which both benefit from the interaction, contributing to their survival and success.

Parasite

An organism that lives in or on another organism (its host) and benefits at the host's expense.