MAX Corporation Stock Is Currently Selling for $38 a Share,and

question 144

Multiple Choice

MAX Corporation stock is currently selling for $38 a share,and it pays a quarterly dividend of $0.25.What is the dividend yield on MAX Corporation?

• A)1.0 percent
• B)2.6 percent
• C)3.3 percent
• D)6.5 percent

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Definitions:

Shirking

Shirking describes when employees underperform or exert less effort than expected because of insufficient incentives or the absence of effective monitoring.

Perfectly Inelastic

Describes a situation where the quantity demanded or supplied does not change in response to a change in price; the demand or supply curve is vertical.

Labor Supply Curve

A visual diagram that illustrates the connection between the salary provided and the amount of work employees are ready to offer.

Competitive Firm

A company operating in a market where there are many buyers and sellers, and no single entity can influence the market price.