Excelsior Share Are Currently Selling for $25

question 17

Multiple Choice

Excelsior share are currently selling for $25.00 each. You bought 200 shares one year ago at $24 and received dividend payments of $1.50 per share. What was your percentage rate of return?

• A) 10.42%
• B) 4.17%
• C) 6.25%
• D) 110.42%
• E) 104.67%

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Definitions:

Total Output

The aggregate quantity of goods or services produced in an economy or by a company during a specific period.

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or units sold, including expenses like rent, wages, and insurance premiums.

Short Run

A period in economic analysis where at least one factor of production is fixed, limiting adjustments to changes in demand or supply.