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

---

Definitions:

Auricle Upward

Movement or orientation of the ear or external part of the ear upwards.

Otoscope

Instrument with a special ear speculum used to examine the deeper structures of the external and middle ear.

Infant

A young child in the earliest period of life, especially from birth to one year of age.

Tinnitus

Ringing heard in one or both ears.