Moshe Purchased a Share for $30 Last Year

question 12

Multiple Choice

Moshe purchased a share for $30 last year. He found out today that he had a -100 per cent return on his investment. Which of the following must be true?

• A) The share is worth $30 today.
• B) The share is worth $0 today
• C) The share paid no dividends during the year.
• D) Both b and c must be true.

---

Definitions:

Court Costs

Expenses associated with legal proceedings, including filing fees, charges for serving documents, and other legal expenses.

Principal

The original sum of money borrowed in a loan or the initial amount invested, excluding any interest or dividends.

Testamentary Trust

A legal arrangement created as per the instructions in a will, allowing assets to be managed and distributed to beneficiaries after the grantor's death.

Living Person

An individual who is currently alive, as opposed to a deceased individual or a fictitious character.