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:

Piezo-Resistive

Pertaining to a material or device that changes its electrical resistance in response to mechanical stress.

Pressure Values

Likely intended to be "Pressure Valves," which are mechanical devices that regulate or control the flow of a fluid by opening, closing, or partially obstructing passageways based on pressure.

Zener Diode

Specialty diode designed to reverse-bias conduct only after a specific voltage value is attained. Used in electronic voltage regulators.

Voltage Regulator

An electrical device designed to automatically maintain a constant voltage level, ensuring electrical stability.