Excelsior Share Are Currently Selling for $25

question 17

Multiple Choice

Excelsior share are currently selling for $25.00 each. You bought 200 shares one year ago at $24 and received dividend payments of $1.50 per share. What was your percentage rate of return?

• A) 10.42%
• B) 4.17%
• C) 6.25%
• D) 110.42%
• E) 104.67%

---

Definitions:

Self-Interest

Self-Interest is a person's own personal gain or advantage in making decisions or performing actions, often considered as the driving force behind economic activities.

Confess

To admit or acknowledge something reluctantly, often about a wrongdoing or mistake.

Optimization Strategy

A plan or method aimed at making the best or most effective use of resources within defined constraints to achieve a set goal.

Growth Related Profit

Profit that results from expansion in business size, output, or market share, indicative of a company’s growth.