Investment Return MedTech Corp Stock Was $50

question 35

Multiple Choice

Investment Return MedTech Corp stock was $50.95 per share at the end of last year. Since then, it paid a $0.45 per share dividend. The stock price is currently $62.50. If you owned 500 shares of MedTech, what was your percent return?

• A) 7.20%
• B) 8.83%
• C) 22.67%
• D) 23.55%

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Definitions:

Adjustment

The process of adapting or becoming accustomed to new situations, conditions, or changes in one’s environment or circumstances.

Adaptation

A process by which organisms adjust to changes in their environment in order to improve their chances of survival.

Functioning

The action of operating or working in a proper or particular way.

Resilience

The capacity to recover quickly from difficulties; toughness.