One Year Ago,you Purchased 500 Shares of Stock at a Cost

question 52

Multiple Choice

One year ago,you purchased 500 shares of stock at a cost of $10,500.The stock paid an annual dividend of $1.10 per share.Today,you sold those shares for $23.90 each.What is the capital gains yield on this investment?

• A) 9.96 percent
• B) 10.52 percent
• C) 12.49 percent
• D) 13.81 percent
• E) 14.75 percent

---

Definitions:

Asymmetric Carbon

A carbon atom bonded to four different atoms or groups, making it a center of chirality and pivotal in the study of stereochemistry.

R or S

Designations used in stereochemistry to describe the absolute configuration of chiral molecules relative to their spatial arrangement.

Stereochemical Detail

Information regarding the spatial arrangement of atoms within a molecule, including the configuration of atoms, groups, or bonds.

(S)-1-bromo-1-chloropropane

An organic compound characterized as a bromochloropropane with specific (S) chiral configuration.