You Bought 100 Shares of Stock at $20 Each

question 1

Multiple Choice

You bought 100 shares of stock at $20 each.At the end of the year, you received a total of $400 in dividends, and your stock was worth $2,500 total.What was your total return?

• A)20%
• B)45%
• C)50%
• D)90%
• E)None of the above

---

Definitions:

S&P/TSX Index

The S&P/TSX Index is a stock market index that tracks the performance of the largest companies listed on the Toronto Stock Exchange in Canada.

Trade Discount

A reduction in the listed price of a product or service, offered by sellers to buyers in the same trade or industry.

Car Dealer

A business that specializes in selling new or used vehicles to consumers, often offering financing and trade-in options.

Manufacturer's List Price

The recommended selling price of a product set by the manufacturer, before any discounts or allowances are applied.