One Year Ago, You Purchased 400 Shares of Southern Cotton

question 32

Multiple Choice

One year ago, you purchased 400 shares of Southern Cotton at $38.40 a share. During the past year, you received a total of $480 in dividends. Today, you sold your shares for $41.10 a share. What is your total return on this investment?

• A) 8.79 percent
• B) 9.64 percent
• C) 10.16 percent
• D) 11.64 percent
• E) 12.76 percent

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Definitions:

Mechanical Solidarity

A concept in sociology that describes the integration of members of a society who have common values and beliefs that create a sense of unity and cooperation.

Common Morality

A set of shared ethical principles and values that guide behavior and decision-making within a community or society.

Suicide Rates

The statistical measurement of the number of suicide deaths in a given population during a specific time period.

Social Collectives

Groups or assemblies of individuals who come together or are classified together based on shared interests, activities, or purposes.