Solved

Last Year, on Advice from Your Sister, You Bought Stock

Question 131

Multiple Choice

Last year, on advice from your sister, you bought stock in Burpsy Soda at $100/share. During the year, you collected a $2 dividend and then sold the stock for $120/share. You experienced a:


A) dividend yield of 9%.
B) dividend yield of 20%.
C) dividend yield of 11%.
D) total return of 20%.
E) total return of 22%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents