1. You bought a Share of Next Computers Inc. for $15. It immediately declared and paid a dividend of $0.50. You sold it one year later for $16. What is the return on your investment?
A) 6.67% B) 10.00% C) 10.34% D) 10.50% E) 15.00%
2. An interest rate that has been annualized using compound interest is termed the:
A) Simple interest rate
B) Annual percentage rate
C) Discounted interest rate
D) Effective annual interest rate