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9. Leola Hain purchases 220 shares of Circuit City stock at $42.75 per share. Find the annual dividend if the dividend per share is $0.0625. $43 $55 $9,460 $9,405
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9.

Leola Hain purchases 220 shares of Circuit City stock at $42.75 per share.

Find the annual dividend if the dividend per share is $0.0625.

$43

$55

$9,460

$9,405

User Vany
by
7.7k points

1 Answer

2 votes
42.75 + 0.0625*220 = 56.5

$55 is the answer
User Vchar
by
7.8k points
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