Last year, Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What rate of return did Mike earn over the year?
A) 11.7 percent
B) 13.2 percent
C) 14.1 percent
D) 15.9 percent
D
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An experiment consists of three steps. There are five possible results on the first step, two possible results on the second step, and three possible results on the third step. The total number of experimental outcomes is
A. 10. B. 625. C. 150. D. 180.
Buying and selling goods and services are examples of operating activities
Indicate whether the statement is true or false
A common application of Markov analysis is ________
Fill in the blank with correct word.
Which of the following statements is FALSE?
A) Almost all bonds that are issued today are registered bonds. B) The trust company represents the bondholders and makes sure that the terms of the indenture are enforced. C) For private placements, the prospectus must include an indenture, a formal contract between the bond issuer and a trust company. D) In the case of default, the trust company represents the bondholders' interests.