One Year Ago, You Purchased 400 Shares of Southern Cotton

question 98

Multiple Choice

One year ago, you purchased 400 shares of Southern Cotton at $36.20 a share. During the past year, you received a total of $250 in dividends. Today, you sold your shares for $38.50 a share. What is your total return on this investment?

• A)7.60%
• B)8.08%
• C)9.69%
• D)11.64%
• E)12.68%

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Definitions:

Mechanical Stage Control

A feature on microscopes that allows for precise movement of the specimen slide in the horizontal plane, facilitating detailed examination.

Fine Adjustment Knob

A part of a microscope used to make small adjustments in focus, enhancing the clarity of the image.

Aperture

An opening, hole, or gap, often referring to the variable opening in the lens of a camera through which light passes.

Revolving Nosepiece

A part of a microscope that holds multiple objective lenses and can rotate to change magnification.