Excelsior Shares Are Currently Selling for $25 Each

question 16

Multiple Choice

Excelsior shares are currently selling for $25 each. You bought 200 shares one year ago at $24 and received dividend payments of $1.50 per share. What was your percentage capital gain this year?

• A) 4.17%
• B) 6.25%
• C) 10.42%
• D) 104.17%
• E) 110.42%

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Definitions:

Debt/Equity Ratio

The metric that specifies how a company allocates equity and debt in the financing of its assets.

Long-Term Debt Ratio

A ratio that compares the amount of long-term debt a company has to its total assets, indicating how much of the company's assets are financed with debt.

Total Debt

The sum of all liabilities, both short and long term, that a company owes to external parties.