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If You Purchase 100 Shares of Ajax Corporation for $15

Question 3

Multiple Choice

If you purchase 100 shares of Ajax Corporation for $15 a share and one year later sell it for $20 a share, what was your return if the stock paid $2 per share dividends? (Ignore commissions and trading fees. Round to the nearest whole percent.)


A) 10%
B) 33%
C) 47%
D) 40%

Correct Answer:

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