TechNo Stock Was $25 Per Share at the End of Last

Multiple Choice

TechNo stock was $25 per share at the end of last year. Since then, it paid a $1.50 per share dividend last year. The stock price is currently $23. If you owned 300 shares of TechNo, what was your percent return?

A) −2 percent
B) −8 percent
C) 6 percent
D) 6.5 percent