suppose you own 60 shares in microsoft, which pay a dividend of $0.13 per share per year. How much will you receive in dividends
over 5 years, assuming the dividends stay the same and you buy no more stock?
2 answers:
Dividend per share
0.13×5
=0.65
you will receive in dividends over 5 years
0.65×60 shares
=39. ...answer
Answer:
dividends would be $39.00 over 5 years.
Step-by-step explanation:
You own shares of Microsoft = 60
which pay a dividends per share per year = $0.13
∵ For one year, dividend = 60 × 0.13 = $7.80
∴ For five years, dividend would be = 7.80 × 5 = $39.00
If dividends stay the same and you buy no more stock, you would receive $39.00 dividends over 5 years.
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Here you go mate
Step 1
3x(1.05) Equation/Question
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