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kvasek [131]
1 year ago
15

Seven months ago, you purchased 580 shares of Mitchum Trading for $70.53 per share. The stock pays a quarterly dividend of $.39

per share and is currently priced at $71.71. What is the total dividend income you received?
Business
1 answer:
Marina CMI [18]1 year ago
3 0

Based on the number of shares you bought and the dividend per share, the total dividend income you received was $452.40.

<h3>How much dividend income was received?</h3>

The stock was held for 7 months and there are 2 quarters in a space of seven months so two dividends were received.

The amount received is:

= Number of share x Number of quarters x dividend per quarter

= 580 x 2 x 0.39

= $452.40

Find out more on dividends at brainly.com/question/25845157.

#SPJ1

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6 0
3 years ago
Which of the following falls in the category, "place" in the marketing mix?
inna [77]

Answer: trade shows

Explanation:

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7 0
3 years ago
Consider two scenarios for a nation's economic growth. Scenario A has real GDP growing at an average annual rate of 3.5 percent;
WARRIOR [948]

Answer:

20 years (scenario A) and 16 years (scenario B)

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Scenario A

1 * (1+0.35)^{n} =2

When you substitute 20 for "n" in the left hand side (LHS) of the equation, you will arrive at 1.99 which is approximately equal to 2. Any number below 20 will result in a number less than 2.

Thus, with an average annual real GDP growth rate of 3.5%, real GDP will double in about 20 years.

Scenario B

1 * (1+0.45)^{n} =2

When you substitute 16 for "n" in the left hand side (LHS) of the equation, you will arrive at 2.02 which is approximately equal to 2. Any number below 16 will result in a number less than 2.

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6 0
3 years ago
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Ede4ka [16]

Answer:

Explanation:

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d. "not in the labor force", does not have a job and is not looking for one at the current moment in his life.

5 0
2 years ago
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nordsb [41]

Answer:

the dialectic method

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