Excelsior Shares Are Currently Selling for $25

question 25

Multiple Choice

Excelsior shares are currently selling for $25.75 each.You bought 200 shares one year ago at $24 and received dividend payments of $1.60 per share.What was your percentage capital gain this year?

• A)4.17%
• B)6.80%
• C)10.42%
• D)104.17%
• E)110.42%

---

Definitions:

Increase Quantity

A strategy or action aimed at raising the amount of goods or services produced or available.

Maximum Willingness to Pay

The highest amount a consumer is willing to spend on a good or service, reflecting the perceived value.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay.

Rational

Related to decision-making, denotes behavior in accordance with logic or reason, where choices are made to maximize self-interest or outcome.