You Purchased a Stock for $25

question 88

Multiple Choice

You purchased a stock for $25.50 a share,received a dividend of $0.70 per share,and sold the stock after one year for $28.55 a share.What was your dividend yield on this investment?

• A) 2.30 percent
• B) 2.38 percent
• C) 2.45 percent
• D) 2.67 percent
• E) 2.75 percent

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Definitions:

Cultural Diversity

The coexistence of different cultural, ethnic, racial, and social groups within a society, enriching its social fabric.

Racially Dissimilar

Referring to individuals or groups that are different from each other in terms of racial or ethnic background.

Groupthink

A psychological phenomenon occurring within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Group Cohesiveness

The extent to which members of a group feel bonded and united towards achieving common goals or tasks.