You Purchased a Share of Stock for $58

question 60

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

• A)9.9%
• B)8.6%
• C)9.3%
• D)9.2%

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Definitions:

Proximity Sensor

A sensor that detects the presence of nearby objects without any physical contact, often used in industrial applications to detect the position of parts and materials.

Circuit

A closed path through which electric current flows, or may flow, including all active and passive components it comprises.

Bar Code Scanners

Devices used to read the information contained in a bar code, translating the bar code's data pattern into a readable format for computers.

Data Collection

The process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes.