Question
9) In March 2019, Denise purchased 2,000 shares at $24.50/share in the company called Vaccine Inc. During this one-year period, she received $2.35/share in dividends.
9) In March 2019, Denise purchased 2,000 shares at $24.50/share in the company called Vaccine Inc. During this one-year period, she received $2.35/share in dividends. Despite the great returns, Denise decided to sell her shares today (March 23, 2020) when they hit $34/share as she needed money for tuition. What was Denises investment return during the one year that she held the shares?
a) 48.37%
b) 27.64%
c) 36.45%
d) 41.11%
e) 38.20%
10) If you die without a Will the court will always appoint a family member to distribute your estate according to the laws of your province.
a) True
b) False
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