Janice bought 40 shares of stock at $31.82 per share. She received dividends of $1.11 per share for 1 year. What was her purchas

Question

3 years ago

5

e price

2 answers:

Elanso [62] · Answer 1 · 2022-01-06T02:06:02+03:00

Answer:

$1,228.40

Step-by-step explanation:

Janice bought 40 shares of stock at = $31.82 per share

She received dividends per share = $1.11

Now her purchase price per share = 31.82 - 1.11 = $30.71

Her purchase price of total 40 shares = 30.71 × 40 = $1,228.40

Purchase price of stock would be $1,228.40.

-BARSIC- [3] · Answer 2 · 2022-01-06T00:48:23+03:00

-BARSIC- [3]3 years ago

4 0

Her purchase price was 40×($31.82-$1.11)=$4×307.1=$1228.4