Josh Purchased 100 Shares of XOM at the Beginning of 2007

question 103

Multiple Choice

Josh purchased 100 shares of XOM at the beginning of 2007. He received dividends per share of $1.37 (2007) , $1.55 (2008) , $1.66 (2009) , $1.74 (2010) , $1.85 (2011) . At the end of 2011, just after receiving the last dividend, he sold the stock for $84.76. At what rate did the dividends from the end of 2007 to the end of 2011? Assume that all dividends were received at the end of the year.

• A) 7.8%
• B) 6.2%
• C) 13.1%
• D) 35%

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Definitions:

Helping Behaviour

Acts that intentionally benefit someone else.

Expensive Donations

Large or costly contributions made to support a cause, organization, or individual.

Altruistic Behaviour

Actions taken to benefit others without expecting anything in return, often at a cost to oneself.

Helping Behaviour

Refers to actions intended to provide assistance or benefit to another person or group of people.