Assume That You Purchased 50 Shares of Home Depot Stock

question 4

Multiple Choice

Assume that you purchased 50 shares of Home Depot stock for $35 a share, that you received an annual dividend of $0.30 a share, and that you sold your Home Depot stock for $40 a share at the end of one year.What is the total return for your investment? (Ignore commission amounts for this question.)

• A)10.00 percent
• B)12.50 percent
• C)13.25 percent
• D)14.29 percent
• E)15.14 percent

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Definitions:

Characteristics

Distinctive traits or features that identify and differentiate individuals, objects, or concepts.

Accommodation

Accommodation in psychology refers to the cognitive process of adjusting one's existing schemas, perceptions, and understanding to incorporate new information.

Piaget

A psychologist from Switzerland recognized for his groundbreaking contributions to the field of child development, especially his cognitive development theory which explains the process by which children develop a mental representation of the world.

Old Ideas

Concepts, beliefs, or viewpoints that have existed for a long time, often contrasted with new or innovative thinking.