The Stock of MNC Inc

question 98

Multiple Choice

The stock of MNC Inc. pays a dividend of $3.44. The stock opened at $89.19 and closed at $90.28. The stock yield is:

• A)3.8%
• B)3.2%
• C)3.1%
• D)4.9%
• E)None of these

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Definitions:

Periwinkles

Small marine snails found in the intertidal zones of shores, known for their distinctive shape and role in aquatic ecosystems.

Oceanic Zone

The region of the open sea beyond the edge of the continental shelf, characterized by its vast expanse, deep waters, and diverse marine life.

Mesopelagic Zone

A layer of the ocean between 200 and 1,000 meters deep, characterized by dim light, also referred to as the twilight zone, and known for its unique marine life adaptations.

Coral Polyps

Small, soft-bodied organisms that are the primary builders of coral reefs, living in large colonies where they secrete calcium carbonate to form the reef's structure.