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:

Decentered Thought

A cognitive ability to consider multiple aspects of a situation simultaneously, characteristic of more advanced stages of development.

Selfishness

The behavior or attitude of placing one's own needs or desires above the welfare of others, often at the expense of others' well-being.

Precausal Reasoning

A type of reasoning typical in early childhood where cause and effect relationships are understood in simplistic and sometimes magical ways.

Confusion

A state of being puzzled or unclear about something, often due to a lack of understanding or ambiguous information.