Consider the Following Price and Dividend Data for Quicksilver Inc

question 15

Multiple Choice

Consider the following price and dividend data for Quicksilver Inc.: Assume that you purchased Quicksilver's stock at the closing price on December 31, 2004 and sold it after the dividend had been paid at the closing price on January 26, 2005. Your dividend yield for this period is closest to ________.

• A) -7.80%
• B) -8.53%
• C) 0.74%
• D) 0.81%

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Definitions:

Private Producer

An individual or company that produces goods or services in a market economy without direct government intervention.

Market Economy

An economic system where prices and production are determined by unrestricted competition between privately owned businesses.

Market Economies

Economic systems in which decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.

Government Involvement

The participation or intervention of governmental bodies in certain areas of the economy, typically to correct market failures or to achieve certain social goals.