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Wren's investment manager informed her that she has a dividend yield of 6 from her investment with AB PLC. If the shares of the company currently trade for $20 on the Stock Exchange, what is the total
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Wren's investment manager informed her that she has a dividend yield of 6

from her investment with AB PLC. If the shares of the company currently trade for $20
on the Stock Exchange, what is the total dividend Wren receives if she has 2000
shares in AB PLC?

A. $12000

B. $1200

C. $2400

D. $40000

User Vlada Katlinskaya
by
4.7k points

1 Answer

7 votes
C. $2400 is the answer sorry if I’m wrong
User Akos
by
3.9k points
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