In 2008,the S&P 500 Index

question 30

Multiple Choice

In 2008,the S&P 500 index

• A)declined in value every month.
• B)declined almost 17 percent in 1 month.
• C)increased in value during 2 months.
• D)never increased by more than 2 percent in any 1 month.
• E)increased in value during the first 3 months.

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Definitions:

Quarterly Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits on a quarterly basis.

Dividend Income

Income received from owning shares of a company which pays out earnings to its shareholders.

Shares

Units of ownership interest in a corporation or financial asset, providing a portion of the profits to shareholders in the form of dividends.

Annual Coupon

Annual Coupon refers to the yearly interest payment that bondholders receive from the bond's issue date until it matures.