Solved

If You Purchase 100 Shares of XYZ Corporation for $50

Question 114

Multiple Choice

If you purchase 100 shares of XYZ Corporation for $50 per share, receive a dividend check for $200, and then sell the stock for $62 per share, what will your return on the stock be?


A) 4%
B) 424%
C) 24%
D) 28%

Correct Answer:

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