You Purchased 100 Shares of a Stock at the Beginning

question 23

Multiple Choice

You purchased 100 shares of a stock at the beginning of the year for $43.20 per share. The share price at the end of the year is $46.10 and the stock paid an annual dividend of $1.10 per share. What was your dividend yield for the year?

• A) 2.23%
• B) 2.39%
• C) 2.55%
• D) 2.67%
• E) 2.81%

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Definitions:

Product Innovation

The process of developing new products or improving existing ones to meet changing consumer needs and preferences.

Process Innovation

The implementation of new or significantly improved production or delivery methods, enhancing efficiency or quality in the manufacturing or service sectors.

Venture Capital

Financing provided by investors to startups and small businesses with long-term growth potential.

Time Horizon

The length of time over which an investment, project, or policy is intended or expected to occur or be effective.