After 20 Years,100 Shares of Stock Originally Purchased for $1,000

question 53

Multiple Choice

After 20 years,100 shares of stock originally purchased for $1,000 was sold for $5,000.What was the annual yield on the investment? Choose the closest answer.

• A) 19.00%
• B) 5.00%
• C) 12.70%
• D) 8.38%

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Definitions:

Formal Meetings

Meetings run under strict rules, like the rules of parliamentary procedure summarized in Robert’s Rules of Order.

Informal Meetings

Loosely run meetings in which votes are not taken on every point.

Conflict Resolution

Strategies for getting at the real issue, keeping discussion open, and minimizing hurt feelings so that people can find a solution that seems good to everyone involved.

Key Steps

Essential actions or stages required to achieve a particular goal or complete a process.