Sprint Nextel Corp Stock Ended the Previous Year at $25

question 46

Multiple Choice

Sprint Nextel Corp stock ended the previous year at $25.00 per share. It paid a $2.57 per share dividend last year. It ended last year at $18.89. If you owned 650 shares of Sprint, what was your dollar return and percent return?

• A) $2,960; 11.13%
• B) -$4,960; -16.13%
• C) -$3,960; -15.13%
• D) -$2,301; -14.16%

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Definitions:

Timely Manner

Completing tasks or responding within a timeframe that is regarded as efficient and appropriate.

Sensation Thinker

An individual who predominantly relies on concrete, factual information and logical analysis when making decisions or understanding the world.

Realistic Approach

A practical and sensible method that is based on actual conditions and achievable outcomes.

Human Relations

The study and management of how individuals relate to and interact with one another, especially in the workplace.