You Purchased a Stock for $46

question 21

Multiple Choice

You purchased a stock for $46.70 a share and resold it one year later.Your total return for the year was 11.2 percent and the dividend yield was 2.8 percent.At what price did you resell the stock?

• A)$42.78
• B)$50.62
• C)$51.93
• D)$52.08
• E)$57.54

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Definitions:

Auditory

Relating to the sense of hearing or the system involved in the perception of sound.

Antipsychotic Medication

Drugs used to treat psychiatric conditions by altering brain chemistry, particularly in cases of schizophrenia, bipolar disorder, and severe depression.

Residential Care

A form of long-term care provided in residential facilities for individuals who need assistance with daily living activities due to age, illness, or disability.

Reality

The quality or state of being actual or true, experienced through the senses.