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:

Radius

One of the two large bones in the forearm, positioned on the side of the thumb, important for wrist and arm movement.

Upper Limb

The part of the human body extending from the shoulder to the hand, including the arm, forearm, and hand.

Girdle

Belt or zone; the bony region where the limbs attach to the body.

Range of Movements

The entire spectrum of motion that a joint can achieve, typically involving its capacity for bending and straightening.