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If a Stock Is Purchased for $30 a Share and Pays

question 43

Essay

If a stock is purchased for $30 a share and pays $5 per share in dividends a year,what selling price at the end of the year would result in a return of 50%?
(a)$60
(b)$40
(c)$35
(d)$15


Definitions:

Claim

An official grievance filed due to discontent with a product or service.

Adjustment

The process of adapting or modifying something to better fit a new situation or set of conditions.

Specific Action

A particular or defined course of conduct intended to achieve a result or fulfill an objective.

Claim

A statement asserting something to be true, which can be supported with evidence or reasons.

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