A Share Pays a Constant Annual Dividend and Sells for £31.11.If

question 30

Multiple Choice

A share pays a constant annual dividend and sells for £31.11.If the dividend yield of this equity is 9%, what is the dividend amount?

• A)£1.40
• B)£1.80
• C)£2.20
• D)£2.40
• E)£2.80

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Definitions:

Emission

Discharge; accumulation of semen in the urethra prior to ejaculation. A nocturnal emission is a discharge of semen while asleep.

Ejaculation

The discharge of semen from the male reproductive tract as a result of sexual arousal.

Seminiferous Tubules

Narrow, coiled tubules within the testes where sperm are produced via the process of spermatogenesis.

Ductus Deferens

A tube that carries sperm from the testicles to the urethra, facilitating the transport of sperm during ejaculation.