A Stock Is Bought for $23

question 38

Multiple Choice

A stock is bought for $23.00 and sold for $27.00 one year later, immediately after it has paid a dividend of $1.50. What is the capital gain rate for this transaction?

• A) 3.48%
• B) 8.70%
• C) 13.91%
• D) 17.39%

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Definitions:

Career Success

The achievement of personal work-related goals and fulfillment in one's professional life over time.

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Machiavellians refer to individuals who exhibit a manipulative personality trait, often using deceit or cunning as a strategy to achieve their goals.

Organizational Politicians

Individuals within an organization who engage in tactical behavior and manipulation to achieve personal or organizational objectives.

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The act of connecting and building relationships with other professionals for the purpose of exchanging information, advice, and support.