Use the Table for the Question(s)below

question 10

Multiple Choice

Use the table for the question(s) below.
Consider the following Price and Dividend data for General Electric Company:
-Assume that you purchased General Electric Company stock at the closing price on December 31,2008 and sold it after the dividend had been paid at the closing price on January 26,2009.Your total return rate (yield) for this period is closest to:

• A)0.75%
• B)-8.80%
• C)0.70%
• D)-8.15%

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Definitions:

Amortization

The gradual reduction of a debt over a period of time by making regular payments of interest and principal or the systematic allocation of intangible asset costs over its useful life.

Intangible Asset

An asset that lacks physical substance but provides economic value to the company, such as patents, copyrights, and brand names.

Intangible Assets

Assets that lack physical substance but possess economic value, including patents, trademarks, and goodwill.

Land Held

Land held pertains to property owned by an entity as an investment or for future use, not immediately purposed for business operations.