You Purchased 200 Shares of Stock at a Price of $36.72

question 29

Multiple Choice

You purchased 200 shares of stock at a price of $36.72 per share. Over the last year,you have received total dividend income of $322. What is the dividend yield?

• A) 3.2%
• B) 4.4%
• C) 6.8%
• D) 9.2%
• E) 11.4%

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Definitions:

Neutralization

A chemical reaction in which an acid and a base react quantitatively to form water and a salt, effectively balancing the acid and base.

HCl

Hydrochloric acid, a strong corrosive acid that is a solution of hydrogen chloride in water, used in industrial and manufacturing processes.

NaOH

Sodium hydroxide, a strong alkaline compound used in the manufacturing of various products, such as paper, textiles, and soaps.

KBr

Potassium Bromide, a chemical compound used in photography, pharmaceuticals, and as a sedative in veterinary medicine.