If a Stock Pays Dividends at the End of Each

question 53

Multiple Choice

If a stock pays dividends at the end of each quarter, with realized returns of R₁, R₂, R₃, and R₄ each quarter, then the annual realized return is calculated as:

• A)R_annual =
• B)R_annual = (1 + R₁)(1 + R₂)(1 + R₃)(1 + R₄)
• C)R_annual = (1 + R₁)(1 + R₂)(1 + R₃)(1 + R₄)- 1
• D)R_annual = R₁ + R₂ + R₃ + R₄

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Definitions:

Sphenoid

A complex bone at the base of the skull, involved in the formation of the cranial floor and containing the sphenoid sinus.

Intramembranous

Pertains to a process of bone development where bone forms directly from mesenchymal tissue without a cartilage model.

Compound Fracture

A type of bone break where the skin is pierced by the broken bone, increasing the risk of infection.

Parietal Bone

A broad, flat bone forming the side and roof of the skull.