Noble Stock Was $60

Multiple Choice

Noble stock was $60.00 per share at the end of last year. Since then, it paid a $2.00 per share dividend last year. The stock price is currently $58. If you owned 400 shares of Noble, what was your percent return?

A) −3.33 percent
B) 0 percent
C) 3.33 percent
D) 3.45 percent