Alexis Owns Stock in a Company Which Has Consistently Paid

question 133

Multiple Choice

Alexis owns stock in a company which has consistently paid a growing dividend over the last 10 years. The first year Alexis owned the stock, she received $4.50 per share and in the 10th year, she received $4.92 per share. What is the growth rate of the dividends over the last 10 years?

• A) 15 percent
• B) 14.8 percent
• C) 12.2 percent
• D) 9.3 percent

---

Definitions:

Government Employees

Individuals who work within various branches of government (federal, state, local) and whose salaries are paid by public funds.

Private Wage

Private wage is the compensation or salary paid to employees by private sector firms, as opposed to wages paid by government entities.

Nonunion Labor

Workers who are not members of a labor union and do not receive the wages and benefits negotiated by unions.

Foreign Firms

Companies that conduct business or operations outside their country of origin.