If a Number Is Added to the Numerator Of $\frac { 3 } { 8 }$

question 22

Multiple Choice

If a number is added to the numerator of $\frac { 3 } { 8 }$ and twice as much is added to the denominator, the result is $\frac { 4 } { 9 }$ . Find the number.

• A)4
• B)2
• C)5
• D)1
• E)3

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Definitions:

Dividend Growth

The annualized percentage rate of growth of a company's dividends per share.

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has precedence over common stock dividends.

Capital Gains Yield

The price appreciation component of a stock's total return, calculated as the increase in the stock price divided by the initial price of the stock.

Next Dividend

Refers to the upcoming dividend payment that a company plans to distribute to its shareholders.