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11. A stock selling for $56 per share pays a 9% dividend. 11. Find the dividend per share.


User Deejjaayy
by
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1 Answer

4 votes

Answer:

$5.04

Explanation:

We Know

A stock selling for $56 per share pays a 9% dividend.

Find the dividend per share.

We Take

9% = 0.09

56 · 0.09 = $5.04

So, the dividend per share is $5.04

User Lubor
by
8.3k points

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