Joanna Robertson Bought a Share of XYZ Corp

question 36

Multiple Choice

Joanna Robertson bought a share of XYZ Corp. at $200 last year. She was paid a dividend of $30 during the same year. However, the same share is trading at $280 this year. Calculate the investment percent yield if Joanna sells the share at $280.

• A) 70%
• B) 110%
• C) 15%
• D) 55%

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Definitions:

Wasting Asset

An asset that inexorably declines in value over time due to physical deterioration or the expiration of intangible rights.

Put Option

An option that gives the owner the right, but not the obligation, to sell an asset.

Call Option

An option that gives the owner the right, but not the obligation, to buy an asset.

Purchase Shares

The act of buying ownership stakes in a company, typically through its stock, offering potential for investment returns.