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:

Obtained Value

The actual value or result derived from a statistical test or experimental measurement.

Critical Value

A point on the scale of the test statistic beyond which we reject the null hypothesis; it's determined by the chosen significance level.

Statistical Significance

Statistical significance is a determination that the observed results in data are not due to random chance, typically indicated by a p-value less than a predetermined threshold.

Hypothesized Reason

An assumed explanation or cause developed for the purpose of testing through research or experimentation.