Jack is purchasing a stock that pays an annual dividend of $3.42 per share. If he purchases 400 shares for $53.18 per share, wha
1 answer:
Answer:
1368 dollars.
Step-by-step explanation:
given that Jack s purchasing a stock that pays an annual dividend of $3.42 per share
No of shares Jack purchased = 400
Price per share = 53.18$
Amount invested by Jack in shares = dollars
Annual dividend = 3.42 per share
Total dividend =
Annual income from dividends = 1368 $
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