MedTech Corp

question 49

Multiple Choice

MedTech Corp. stock was $50.95 per share at the end of last year. Since then, it paid a $0.45 per share dividend. The stock price is currently $62.50. If you owned 500 shares of MedTech, what was your percent return?

• A) 7.20 percent
• B) 8.83 percent
• C) 22.67 percent
• D) 23.55 percent

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Definitions:

Mean IQ Score

The average score derived from a set of intelligence quotient (IQ) test results.

Restandardize

The process of revising and updating standards or norms, typically in the context of tests or measurements, to reflect current information or conditions.

Mean Score

A statistical measure that represents the average value of a set of numbers.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values.