Investment Return TechNo Stock Was $25 Per Share at the End

question 12

Multiple Choice

Investment Return TechNo stock was $25 per share at the end of last year.Since then,it paid a $1.50 per share dividend last year.The stock price is currently $23.If you owned 300 shares of TechNo,what was your percent return?

• A)-2 percent
• B)-8 percent
• C)6 percent
• D)6.5 percent

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Definitions:

Distribute

To distribute means to give out or spread something widely among a number of recipients.

Artificial Entities

Organizations created by law, such as corporations or partnerships, that have legal rights and obligations separate from those of their members.

Morally Accountable

Being responsible or answerable for one's actions from an ethical or moral standpoint.

Corporations

Legal entities recognized by law as separate from their owners, with the ability to own property, enter contracts, and be sued.