An Investor Holds a Stock for One Year

question 44

Multiple Choice

An investor holds a stock for one year.She then receives a dividend of $10 and sells the stock for $120.If her return was 16%,at what price did she buy the stock?

• A) $103.45
• B) $64.80
• C) $139.20
• D) $112.07

Understand the concept and relevance of sales territories in different industries.

Grasp the principles of account analysis and its classification systems.

Analyze the inadvisability of sales territories in specific industries, like life insurance.

Comprehend the sales call allocation process within territory management.

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Definitions:

Stale Check

A check that is more than 90 days past the date on its face; banks do not owe a duty to their customers to pay any such checks more than six months past the dates on their face.

Good Faith

Good faith refers to an honest intention to act without taking an unfair advantage over another party, often emphasized in contractual agreements and negotiations.

Six Months

A period of time equivalent to half a year or approximately 182 to 183 days.

Stop-Payment Order

A request made to a financial institution to cancel the processing of a check or payment before it has been cleared.