The holding-period return on a stock was 32%. Its beginning price was $25, and its cash dividend was $1.50. Its ending price must have been _________.
A. $28.50
B. $33.20
C. $31.50
D. $29.75
C. $31.50
You might also like to view...
Though the target audience can be profiled in terms of demographic, psychographic, or behavioral segments, it is often useful to do so in terms of usage and loyalty
Indicate whether the statement is true or false
What is the first step of progressive disciplinary action?
a. termination b. oral warning c. written warning d. written warning
Describe the five tendencies that determine entrepreneurial orientation.
What will be an ideal response?
A company purchased a plant asset for $60,000. The asset has an estimated salvage value of $4,000, and an estimated useful life of 7 years. The annual depreciation expense using the straight-line method is $4,000 per year.
Answer the following statement true (T) or false (F)