Suppose You Have a Total Return of 8

Multiple Choice

Suppose you have a total return of 8.0% on 500 shares of XYZ Company that you bought for $9,590 last year.XYZ paid four equal quarterly dividends during the year.What would be the quarterly dividend if the current stock price is $18.64 per share?

A) $0.50
B) $0.52
C) $0.54
D) $0.56