Aug. 2016 – Investment Trivia
Suppose that on July 1st 1992 an investor purchased 100 shares of Starbucks stock at its closing price of $23 per share. What percentage of this initial $2,300 investment in Starbucks does the investor now receive annually in dividends? A. 5% ($115) B. 25% ($575) C. 100% ($2,300) D. 220% ($5,120) Answer: D This example […]
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