A Stock Sold for $30 at the Beginning of the Year

question 69

Multiple Choice

A stock sold for $30 at the beginning of the year. The end of year stock price was $30.50. What is the amount of the annual dividend if the total return for the year was 7.7 percent?

• A) $1.11
• B) $1.38
• C) $1.60
• D) $1.81
• E) $2.31

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The official currency of Brazil, symbolized as R$ and subdivided into 100 centavos.

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The system of money in general use in the United States, primarily consisting of dollars and cents.

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The official currency of the United States, used as a standard measure of value and a medium of exchange.

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The official currency of Mexico, used in all financial transactions within the country.