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:

Antidepressant Drugs

Medications prescribed to relieve symptoms of depression by altering brain chemistry.

Moderate Depression

A mood disorder presenting with symptoms that are more severe than mild depression but not as intense as those found in major depression.

Second Messengers

Chemical changes within a neuron just after the neuron receives a neurotransmitter message and just before it responds.

Receptor Site

Part of a cell membrane that receives and binds specific substances such as hormones, neurotransmitters, or drugs, leading to a cellular response.