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Monica [59]
3 years ago
15

a man owned 75 shares of stock worth $50 each the corporation declared a dividend of 8% payable in stock how many shares did he

then own
Mathematics
1 answer:
Arturiano [62]3 years ago
3 0
Total number of shares owned is 75 shares
value of each share=$50
value of 50 shares will be:
75*50=$3750
the dividend earned
8/100×3750
=$300

Answer: $300 
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