1. If share price changes from $15 to $12 per share, and pays a dividend of $4 per share, what was the rate of return to shareholders?
A) 26.67% B) -13.33% C) 33.33% D) 6.67% E) None of the Above
2. Which of the following is NOT a possible and appropriate response by shareholders dissatisfied with existing firm management of a publicly traded firm?
A) Shareholders could sell their shares of stock.
B) Shareholders could remain quietly disgruntled.
C) Shareholders, perhaps with the help of others, could attempt to initiate a takeover.
D) All of these responses may be possible and appropriate.
E) None of the Above