Suppose You Are Considering Becoming a Physician

question 3

Multiple Choice

Suppose you are considering becoming a physician.Your current job has an annual salary of $100,000,but you hate your job.If offered a job as a physician for $90,000 you would be indifferent between your current job and this new job.What is your opportunity cost of staying at your job?

• A)-$10,000
• B)$10,000
• C)$100,000
• D)$90,000

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Definitions:

Dividend Yield

A key financial figure that identifies the ratio of a firm's yearly dividends to its stock price.

Closed at Par

A situation where a bond or preferred stock is bought or sold at its face value.

Dividend Yield

The Dividend Yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, providing investors with insight into the income generated from an investment in its shares.

Price Appreciation

An increase in the value of an asset or investment over time.