Answer:
$1572.50
Step-by-step explanation:
Given that 160 shares paid a dividend of $680.00 then 370 shares would have a higher figure.
First, we calculate the equivalent dividend for 1 share.
Since 160 shares give $680
1 share will be $680÷160=$4.25
Knowing the dividend of 1 share as $4.25, then to get dividend for 370 shares, we get their products
Value=370*$4.25=$1572.50
Therefore, an equivalent of $1572.50 would be paid for 370 shares
