You Purchase a Share of CAT Stock for $90

question 62

Multiple Choice

You purchase a share of CAT stock for $90. One year later, after receiving a dividend of $4, you sell the stock for $97. What was your holding-period return?

• A) 14.44%
• B) 12.22%
• C) 13.33%
• D) 5.56%

Identify who bears the risk of loss under different contract types.

Comprehend how title and risk of loss transfer in various sales contracts.

Recognize the role and liabilities of common carriers in shipping contracts.

Identify the characteristics and implications of goods-in-bailment contracts.

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Definitions:

Psychological Contract

An unwritten agreement between an employer and an employee that outlines mutual expectations, including job security, loyalty, and commitment.

Need Salience

The degree to which a particular need is perceived as important or relevant by an individual at a given time.

Hierarchy Of Needs

A psychological theory proposed by Abraham Maslow, outlining a sequence of human needs from basic survival to achieving one's full potential.

Need Deprivation

A psychological condition resulting from the lack of fulfillment of basic human needs, affecting behavior and motivation.