Becky Harie Bought GBX Corporation Stock for $24

question 79

Multiple Choice

Becky Harie bought GBX Corporation stock for $24.38 a share. After six months, she received $2.25 in dividends and the market value the stock was $25.01 a share. If Becky decided to sell the stock at this time, what would be her shareholder return?

• A) 11.52 percent
• B) 23.03 percent
• C) 11.81 percent
• D) 23.63 percent
• E) 22.62 percent

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Definitions:

Mutually Exclusive

Mutually exclusive refers to events in probability and statistics that cannot occur at the same time, indicating that the occurrence of one event necessarily excludes the occurrence of the other.

Collectively Exhaustive

A set of events is collectively exhaustive if at least one of the events must occur.

Probability

A measure of the likelihood that an event will occur, expressed on a scale from 0 (impossibility) to 1 (certainty).

Random Experiment

An experimental process that leads to well-defined but unpredictable outcomes.