Shane Purchased a Stock This Morning at a Cost of $11

question 8

Multiple Choice

Shane purchased a stock this morning at a cost of $11 a share. He expects to receive an annual dividend of $.27 a share next year. What will the price of the stock have to be one year from today if Shane is to earn a 15 percent rate of return on this investment?

• A) $12.38
• B) $12.60
• C) $12.88
• D) $13.14
• E) $14.28

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Definitions:

Nucleoside Reverse

likely refers to nucleoside reverse transcriptase inhibitors (NRTIs), which are medications used to treat HIV and other viruses by inhibiting the reverse transcriptase enzyme.

Non-Nucleoside Reverse

A class of antiretroviral drugs used to treat HIV by inhibiting the reverse transcriptase enzyme without mimicking nucleosides.

HIV Replication

The process by which the Human Immunodeficiency Virus duplicates its genetic material within a host's cells, spreading the infection.

Viral Protein

Proteins coded for by viral genes that are critical for the virus life cycle, including structure, replication, and evasion of host defenses.