You Purchased a Share of Stock for $58

question 54

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 dividend yield? Round your answer to the nearest tenth of a percent.

• A)1.2%
• B)8.6%
• C)1.3%
• D)none of the above

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Definitions:

Dopaminergic

Pertaining to dopamine, a neurotransmitter involved in reward, motivation, and the regulation of movement and emotional responses.

Antidepressant

A medication or substance used to alleviate symptoms of depression by balancing neurotransmitter levels in the brain.

Anxiolytic

A medication or other intervention that inhibits anxiety.