One Year Ago,you Purchased 300 Shares of Southern Cotton at $32.60

question 69

Multiple Choice

One year ago,you purchased 300 shares of Southern Cotton at $32.60 a share.During the past year,you received a total of $280 in dividends.Today,you sold your shares for $35.80 a share.What is your total return on this investment?

• A) 8.79 percent
• B) 9.64 percent
• C) 10.16 percent
• D) 11.64 percent
• E) 12.68 percent

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Definitions:

Loudness

The characteristic of a sound that is primarily a psychological correlate of physical strength (amplitude).

Sound Wave

A type of pressure wave caused by the vibration of an object, which travels through a medium (e.g., air) and is perceived as sound.

Intensity

The degree of strength, force, or energy in a phenomenon or activity.

Convergence

The turning inward of the eyes, which occurs when they focus on a nearby object.