If a Share of Stock Pays a Dividend of $3

question 40

Multiple Choice

If a share of stock pays a dividend of $3 and closes today at $42, what is its current yield (or return) ?

• A)14 percent
• B)9.3 percent
• C)7.7 percent
• D)7.1 percent

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Definitions:

Conformity

Adapting one's behaviors, beliefs, and attitudes to fit into group norms or comply with what society views as acceptable.

Asch

A psychologist best known for his research on conformity, demonstrating how group pressure could influence individuals to conform.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed, leading to a belief that one's actions have no effect on the outcome.

Obedience

A form of social influence where an individual follows the orders or directions from an authority figure.