Jimmy Purchased a Stock for $22

question 27

Multiple Choice

Jimmy purchased a stock for $22.22 a share, received a dividend of $.55 a share, and sold the stock after one year for $25.36 a share. What was his dividend yield on this investment?

• A)2.30%
• B)2.38%
• C)2.48%
• D)2.56%
• E)2.65%

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Definitions:

Vertebral Column

The vertebral column, also known as the spine or backbone, is a series of vertebrae extending from the skull to the lower back, providing support for the body and protecting the spinal cord.

Coxal Bone

The hip bone, comprising the ilium, ischium, and pubis, forming part of the pelvis.

Brachium

An anatomical term referring to the upper arm area located between the shoulder and the elbow.

Sesamoid

A type of bone embedded within a tendon or muscle, usually found in locations where a tendon passes over a joint, such as the kneecap.