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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Definitions:

Natural Phenomena

Events or situations that occur in the natural world, independent of human intervention, such as weather patterns, geological processes, and biological functions.

Scientific Investigation

A systematic procedure that involves the collection and analysis of data to create new knowledge or validate existing knowledge.

Data Collection

The process of gathering and measuring information on variables of interest in an established systematic fashion that enables one to answer stated research questions, test hypotheses, and evaluate outcomes.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, which can be tested through research and experimentation.