Suppose You Have a Total Return of 8

question 8

Multiple Choice

Suppose you have a total return of 8.0% on 500 shares of XYZ Company that you bought for $9,590 last year.XYZ paid four equal quarterly dividends during the year.What would be the quarterly dividend if the current stock price is $18.64 per share?

• A)$0.50
• B)$0.52
• C)$0.54
• D)$0.56