Gwen Purchased a Share One Year Ago for $25, and It

question 54

Multiple Choice

Gwen purchased a share one year ago for $25, and it is now worth $31. The share paid a dividend of $1.50 during the year. What was the share's rate of return income during the year? (Round your answer to the nearest per cent.)

• A) 6%
• B) 15%
• C) 24%
• D) 26%

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Definitions:

Hostile Environment

A work or learning environment that is unwelcoming or offensive, often due to harassment or discrimination, making it difficult for individuals to perform effectively.

Job Decision

The choice or determination made regarding one's employment, including factors such as position, company, and career path.

Aggressive Manner

A behavior characterized by assertiveness and possibly hostility or combativeness, often in pursuit of a goal.

Job Holder

An individual who occupies a specific position within an organization, performing defined roles and responsibilities.