TechNo Stock Was $25 Per Share at the End of Last

question 53

Multiple Choice

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:

Employers and Employees

Relationship between individuals who hire and pay for labor (employers) and those who work for pay (employees) within an organizational context.

Property Rights

Legal rights that dictate the ownership and utilization of property, including the rights to sell, lease, occupy, or develop the owned property.

Individual Rights

The liberties and rights guaranteed to each person, often protected under law or constitution.

Industrial Relations System

A conceptual framework concerning the structure and processes involved in the employment relationship, including the interactions among employers, employees, and their representatives.