If You Purchase 100 Shares of Ajax Corporation for $15

question 3

Multiple Choice

If you purchase 100 shares of Ajax Corporation for $15 a share and one year later sell it for $20 a share, what was your return if the stock paid $2 per share dividends? (Ignore commissions and trading fees. Round to the nearest whole percent.)

• A) 10%
• B) 33%
• C) 47%
• D) 40%

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Definitions:

Limited-Service

Refers to businesses or offerings characterized by a reduced or more focused range of services, typically at a lower cost.

Exclusive-Service

A service provided under conditions where the provider has agreed to supply services exclusively to a specific customer or market segment.

Minimal-Service

Retail or service environments that offer limited assistance to customers, focusing on self-service or automated service options to reduce costs.

Cerebral Cortex

The outer layer of the brain's cerebrum, involved in complex brain functions such as thought, language, consciousness, and memory.