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If you own 1,600 shares of Company stock that pays a dividend of \$0.20/share. Then what is the total dividend you will receive using the discount rate is 4.5% (EAR).
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If you own 1,600 shares of Company stock that pays a dividend of \$0.20/share. Then what is the total dividend you will receive using the discount rate is 4.5% (EAR).

User Eddy Bayonne
by
5.3k points

1 Answer

4 votes

Answer:

The correct solution would be "320".

Step-by-step explanation:

The given values are:

Number of shares

= 1,600

Dividend per share

= $0.20

Now,

The received dividend will be:

=
Number \ of \ shares* Dividend \ per \ share

=
1600* 0.20

=
320

User StewSquared
by
6.2k points
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