During the Year,Success Ltd Shares Have Increased from $8 to $9

question 46

Multiple Choice

During the year,Success Ltd shares have increased from $8 to $9 and shareholders received a final dividend of 50 cents per share,fully franked at the company tax rate of 30 per cent.Calculate first the conventional rate of return and second,the dividend yield (using the beginning of the year share price) on Success shares.

• A)18.75% and 6.25%.
• B)15.18% and 5.5%.
• C)18.75% and 5.5%.
• D)15.18% and 6.25%.

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Definitions:

Closed Shop Arrangements

Employment practices where only members of a labor union can be hired and remain employed.

Open Shop Movement

A movement advocating for workplaces where union membership is not required as a condition of employment, promoting voluntary association.

Employee Rights

The legal entitlements concerning the workplace that employees are guaranteed by law, including the right to fair wages, safe working conditions, and freedom from discrimination and harassment.

Open Shop Movement

A movement aimed at ensuring that employment is not conditional upon union membership, allowing workers the choice to join a union or not.