If a Stock's Price Is $20 at the Beginning of a Year

question 45

Multiple Choice

If a stock's price is $20 at the beginning of a year and $17 at the end of the year, and it pays a dividend of $2 during the year, then the stock's current yield is_____ percent.

• A)?15
• B)?5
• C)5
• D)10

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Definitions:

Miranda v. Arizona

A landmark Supreme Court case establishing that criminal suspects must be informed of their rights upon arrest, including the right to remain silent.

Right to Remain Silent

A legal principle that protects individuals from being compelled to testify or provide information that may incriminate themselves.

Right to an Attorney

The legal entitlement of individuals accused of crimes to have legal representation, whether provided by themselves or, if they are unable to afford one, appointed by the court.

Insider Trading

Conducting illicit trades on the stock exchange for individual advantage by using confidential data.