Use the Table for the Question(s)below

question 43

Multiple Choice

Use the table for the question(s) below.
Consider the following Price and Dividend data for General Electric Company:
-Assume that you purchased General Electric Company stock at the closing price on December 31,2008 and sold it after the dividend had been paid at the closing price on January 26,2009.Your capital gains rate (yield) for this period is closest to:

• A)0.75%
• B)0.70%
• C)-8.80%
• D)-8.15%

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Definitions:

Intuition

The ability to understand something instinctively, without the need for conscious reasoning, often involving quick and effective decision-making based on experience.

Logical Reasoning

Logical reasoning encompasses the ability to analyze a situation and come to a logical conclusion.

Biased

showing an unfair preference for or against something based on personal opinion.

Implicit Favorite

An unconsciously preferred choice or option among a set of alternatives, often influencing decision-making processes.