Suppose You Invested $55 in CIBC Stock One Month Ago

question 84

Multiple Choice

Suppose you invested $55 in CIBC stock one month ago.Today,it paid a dividend of $0.35,and then you sold it for $56.25.What was the return on your investment?

• A)2.9%
• B)2.3%
• C)2.2%
• D)2.8%
• E)1.6%

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Definitions:

Thrust Faulting

A geological fault in which the upper block, above the fault plane, moves up and over the lower block, commonly found in mountain ranges.

Accretionary Prism

A geological structure formed by the accumulation of sediments and rock fragments at a convergent tectonic plate boundary.

Subduction Zone

A region of the Earth's crust where tectonic plates converge, and one plate moves under another, leading to volcanic activity.

Thrusting

A geological process where one part of the Earth's crust is pushed up over another at a low angle, often associated with mountain building.