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Delvig [45]
3 years ago
6

Drius Security stock has a yearly dividend of $12.11. If you own 132 shares of Drius Security, how much do you get paid in quart

erly dividends? a. $133.21 b. $1,598.52 c. $366.96 d. $399.63
Mathematics
2 answers:
aivan3 [116]3 years ago
5 0

Dividends are paid per share. So $12.11 per year is paid per share.

So, if you own 132 shares, you get 132*12.11=1598.52 dollars per year for all the stocks.

<em>A quarter is \frac{1}{4} of a year. </em>

So, you would be expected to get \frac{1}{4}*1598.52=399.63 dollars in quarterly dividends. Answer choice D is correct.


ANSWER: D

Allushta [10]3 years ago
4 0

Answer:

The correct answer is D.) $399.63

Step-by-step explanation: Just took the test and got every answer right on edg.

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