If Sara Purchases 100 Shares of Abercrombie and Fitch Stock

question 57

Multiple Choice

If Sara purchases 100 shares of Abercrombie and Fitch stock for $20 a share and then sells the stock for $23 per share, Sara will have a

• A) $3 dividend per share.
• B) capital gain of $300.
• C) capital gain of $100.
• D) $300 decrease in the value of her stock.
• E) total return of $3.

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Definitions:

Type II Error

A statistical error that occurs when a test fails to reject a false null hypothesis, also known as a "false negative."

Mean Battery Life

The average duration that a battery can power a device before depletion, calculated from a sample or population of batteries.

Production Method

The process or technique used in the creation of goods and services, often categorized by levels of automation and labor requirements.

Mean Price

The average price of a set of products or securities, calculated by adding all prices together and dividing by the number of prices.