You Purchase Shares of XYZ Company at the Beginning of the Year

question 148

Multiple Choice

You purchase shares of XYZ company at the beginning of the year for $20 per share.After receiving dividends of $2 per share,you sell the stock for $24 per share at the end of the year.What is your rate of return of the stock for the year?

• A)20%
• B)10%
• C)30%
• D)-10%

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Definitions:

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