Noble Stock Was $60

question 28

Multiple Choice

Noble stock was $60.00 per share at the end of last year. Since then, it paid a $2.00 per share dividend last year. The stock price is currently $58. If you owned 400 shares of Noble, what was your percent return?

• A) −3.33 percent
• B) 0 percent
• C) 3.33 percent
• D) 3.45 percent

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Definitions:

Growth Rate

The rate at which the quantity of something, such as population, economy, or biological growth, increases over a certain period of time.

Aggressive

Behavior characterized by hostility, assertiveness, and often the intent to harm or assert dominance over others.

Peers

Individuals who are equals within a specific context, such as age, grade, or status, often influencing social and psychological behavior.

Daycare

A service that provides care and educational activities for children when their parents or guardians are unavailable during the day.