Suppose the price of one share of a particular stock rose from $9.00 to $9.15 over the course of a year, and the stock paid a dividend of $0.60 per share during the same year. What was the total return on the share of stock?
A. 8.3 percent
B. 6.7 percent
C. 25.0 percent
D. 1.7 percent
Answer: A
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Holding all else equal, if the U.S. government imposes tariffs on imported products, then the equilibrium value of the U.S. dollar will:
A. be determined by the Federal Reserve. B. depreciate. C. remain fixed. D. appreciate
In a Dutch auction, ________ with each bid
A) the price of the good increases B) the price of the good decreases C) the quantity of the good being offered increases D) the quantity of the good being offered decreases
A good synonym for elasticity would be:
A. change. B. demand. C. responsiveness. D. stickiness.
When the number of substitutes increase, the demand curve for a monopolist will
A. become steeper. B. become more inelastic. C. become more elastic. D. not change.