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3 years ago

8

Jodi owns 112 shares of stock selling for $16.20. How many more shares can she purchase after receiving a dividend of $0.80 per

share?

1 answer:

loris [4]3 years ago

8 0

Answer:

5 shares if only whole shares are allowed

5.53 shares if fractional shares are allowed

Step-by-step explanation:

112(0.80) / 16.20 = 5.530864

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