One Year Ago,you Purchased 400 Shares of Stock at a Cost

question 37

Multiple Choice

One year ago,you purchased 400 shares of stock at a cost of $8,650.The stock paid an annual dividend of $1.10 per share.Today,you sold those shares for $23.90 each.What is the capital gains yield on this investment?

• A)9.96 percent
• B)10.52 percent
• C)12.49 percent
• D)13.33 percent
• E)14.75 percent

---

Definitions:

Base Coating Paint

The initial layer of paint applied to a surface, designed to improve the adhesion, durability, and appearance of subsequent layers.

Call Objective Requirements

The specific goals or outcomes a salesperson aims to achieve during a sales call.

Smart

Smart refers to objects or systems embedded with technology that allows them to interact, learn, or operate more efficiently and autonomously.

Timed

Describes something that is done or scheduled to occur at a specific time or within a set time frame.