In the Beginning of 2009, You Pay $100 for a Share

question 46

Multiple Choice

In the beginning of 2009, you pay $100 for a share of stock that pays you a dividend of $1 at the beginning of 2010. If the stock price rises from $100 to $109 per share over the year:

• A) then you have earned a rate of 5 percent over 2009.
• B) then you have earned a rate of 1 percent over 2009.
• C) then you have earned a rate of 9 percent over 2009.
• D) then you have earned a rate of 4 percent over 2009.
• E) then you have earned a rate of 10 percent over 2009.

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Definitions:

Vane Type Pump

A Vane Type Pump is a hydraulic pump in which slotted rotor vanes are used to move fluid through the pump, widely used for their reliability and efficiency in transferring fluids at variable flow rates.

Rotor

Any of a number of different components that rotate. In air brakes, the rotor turns with the wheel and has braking force applied to it, whereas in an alternator, the rotor provides the magnetic fields required to create current flow.

Cam Ring

An eccentric liner, usually stationary, within which mobile pump members rotate.

Non-Positive

Describes a connection or interaction where movement or slip is permitted between components, as opposed to a fixed, rigid connection.