Consider the Following Price and Dividend Data for Quicksilver Inc

question 78

Multiple Choice

Consider the following price and dividend data for Quicksilver Inc.:

Assume that you purchased Quicksilver's stock at the closing price on December 31, 2004 and sold it after the dividend had been paid at the closing price on January 26, 2005. Your capital gains rate (yield) for this period is closest to ________.

• A) 0.93%
• B) 1.02%
• C) -3.85%
• D) -2.93%

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Definitions:

Terms

Conditions and stipulations under which agreements and contracts are made, outlining the obligations of involved parties.

Mark-up

Additional pricing on goods’ cost aimed to cover running expenses and secure profit.

Cost

The amount of money required to purchase something or the expense incurred to produce something.

Selling Price

The amount for which a good or service is sold to the customer.