Scott Purchased 200 Shares of Frozen Foods Stock for $48

question 49

Multiple Choice

Scott purchased 200 shares of Frozen Foods stock for $48 a share.Four months later,he received a dividend of $0.22 a share and also sold the shares for $42 each.What was his annualized rate of return on this investment?

• A) -44.69 percent
• B) -40.14 percent
• C) -33.00 percent
• D) -31.95 percent
• E) -28.07 percent

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Definitions:

Hematuria

The presence of blood in the urine, which can be a sign of various conditions affecting the urinary tract or kidneys.

Urinary Tract Infection

An infection in any part of the urinary system, kidneys, bladder, or urethra, usually caused by bacteria.

Urine Production

The process by which kidneys filter waste from the blood and excrete it in the form of urine.

Urinary System

The organs and structures responsible for the production, storage, and elimination of urine from the body.