A Common Stock Was Held for 2 Years During Which

question 76

Multiple Choice

A common stock was held for 2 years during which time total dividends of $20 were paid. The stock was sold for $100. What was the purchase price of the stock if the total rate of return for the period was 32%?

• A) $61.60
• B) $64.80
• C) $88.00
• D)$90.91

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Reaction Range

A concept in genetics that the phenotype (expressed traits) of an individual varies within a range, determined by environmental conditions on the genotype.

Bodily-kinesthetic

The capacity to manipulate objects and use a variety of physical skills effectively.

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The skill and ease in using the hands, often required for tasks involving small, precise movements.

Gardner's Eight Intelligences

A theory that proposes eight different forms of intelligence, such as linguistic, logical-mathematical, and musical, that individuals possess in varying degrees.