Last Year You Bought Some Alpha Stock for $26

question 20

Multiple Choice

Last year you bought some Alpha stock for $26.75 a share. It is currently selling for $32.50. You received a dividend of $2.25 during the year. What is your total rate of return?

• A) 30%
• B) 21%
• C) 8.5%
• D) 12%

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Definitions:

Fast Food

Quick-service restaurant offerings that are prepared and served very quickly, often emphasizing affordability and convenience over nutritional value.

Potato Chips

Snack food made from thin slices of potato that are either baked or fried until crispy.

FDA Announcement

An official statement released by the Food and Drug Administration related to approvals, safety information, or regulatory actions concerning drugs, food, or other products.

Quantity Supplied

The aggregate quantity of a product or service that suppliers are prepared and capable of offering for sale at a certain price during a defined timeframe.