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

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Definitions:

Reparations

Compensation provided for wrongs or injuries, often discussed in the context of payments to descendants of enslaved people.

Sovereignty

The authority of a state to govern itself or another state; a nation's independence and right to self-determination.

Statute of Limitations

Legal provision that sets the maximum time after an event within which legal proceedings may be initiated.

Unemployment Rates

The percentage of the labor force that is jobless and actively seeking employment.