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Gunther Earned a 62

question 7

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Gunther earned a 62.5 percent return on a stock that he purchased one year ago. The stock is now worth $12, and he received a dividend of $1 during the year. How much did Gunther originally pay for the stock?


Definitions:

Tibialis Posterior

The tibialis posterior is a muscle in the lower leg involved in stabilizing the ankle and supporting the arch of the foot during movement.

Peroneus Longus

The Peroneus Longus is a muscle on the outer side of the lower leg, which helps in plantar flexion and eversion of the foot.

Supinator

A muscle in the forearm that assists in rotating the forearm and hand so that the palm faces upwards or forwards.

Pronator Quadratus

A square-shaped muscle in the forearm that acts to pronate the wrist, turning the hand so the palm faces downwards.

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