Suppose You Invested $55 in CIBC Stock One Month Ago

question 84

Multiple Choice

Suppose you invested $55 in CIBC stock one month ago.Today,it paid a dividend of $0.35,and then you sold it for $56.25.What was the return on your investment?

• A)2.9%
• B)2.3%
• C)2.2%
• D)2.8%
• E)1.6%

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Definitions:

Good Citizenry

The behavior of individuals or organizations that reflects commitment to the well-being of society and the environment, often going beyond legal or economic obligations.

Society

A community of individuals bound together by shared customs, laws, and social institutions, exhibiting a distinctive culture and norms.

Environment

Refers to the surrounding conditions in which an organism, organization, or system operates, including natural, social, and built contexts.

Corporate Social Responsibility

An entrepreneurial tactic aimed at sustaining growth through the provision of benefits across economic, social, and environmental spheres for all involved parties.