Today,you Sold 800 Shares of Sky High Inc

question 57

Multiple Choice

Today,you sold 800 shares of Sky High Inc.,for $57.60 a share.You bought the shares one year ago at a price of $61.20 a share.Over the year,you received a total of $500 in dividends.What is your capital gains yield on this investment?

• A)-6.03 percent
• B)-5.88 percent
• C)-4.86 percent
• D)6.25 percent
• E)7.34 percent

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Definitions:

Peripheral Route

An aspect of the elaboration likelihood model suggesting that attitudes can change in response to cues that are peripheral to the content of the message, such as the source's attractiveness or credibility.

Persuasive Message

A type of communication aimed at influencing the attitudes, beliefs, or behaviors of others through argument, reasoning, or appeal.

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.

Low Opinion

A negative judgment or assessment about someone or something.