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You Purchased a Stock for $35

question 89

Multiple Choice

You purchased a stock for $35.00 a share and resold it one year later. Your total return for the year was 7.5 percent and the dividend yield was 1.4 percent. At what price did you resell the stock?

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Definitions:

Atomic Element

A pure chemical substance consisting of one type of atom distinguished by its atomic number, which is the number of protons in its nucleus.

Electrical Conductivity

A measure of how well a material allows the flow of electric current through it.

Valence Shell

Outermost orbital shell in an atom. The number of electrons in the valence plays a role in defining the electrical and physical characteristics of an element.

Chemical Properties

Characteristics of a substance that dictate how it reacts with other substances to form new products.

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