If You Purchase 100 Shares of XYZ Corporation for $50

question 114

Multiple Choice

If you purchase 100 shares of XYZ Corporation for $50 per share, receive a dividend check for $200, and then sell the stock for $62 per share, what will your return on the stock be?

• A) 4%
• B) 424%
• C) 24%
• D) 28%

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Definitions:

Intrusive Rock

Igneous rock formed from magma that cools and solidifies within the crust of the planet, creating large crystal grains.

Extrusive Rock

Igneous rock that forms on the Earth's surface as lava cools and solidifies.

Igneous Rock

Stone created by magma or lava hardening as it cools.

Viscosity

A measure of a fluid's resistance to flow, where fluids with high viscosity flow more slowly than those with low viscosity.