You Purchased a Share of Stock for $58

question 7

Multiple Choice

You purchased a share of stock for $58.00. At the end of a quarter, the stock paid a dividend of $0.75, and you sold it for $63.00 right after receiving the dividend.
-Refer to the information above. What was your total rate of return on this investment? Round your answer to the nearest tenth of a percent.

• A)8.6%
• B)7.2%
• C)10.9%
• D)9.9%

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Definitions:

Cultural Worldview

The collective belief systems, values, and norms shared by a particular group of people that shape their understanding of the world around them.

Self-Esteem

An individual's subjective evaluation of their own worth or the positive or negative view that person has of themselves.

Just World

A belief that the world is fundamentally fair, where individuals get what they deserve.

Collectivist Culture

A social organization model where individuals prioritize the goals and needs of the group over personal desires or ambitions.