Answer:
For Plan A = 6.7
For Plan B = 7.8
Explanation:
Data Given:
First of all, we need to sort out the data because it is very necessary to solve for this question requirement.
Year 1
Plan A = 1.10 Plan B = 0.10
Year 2
Plan A = 1.10 Plan B = 1.20
Year 3
Plan A = 1.10 Plan B = 0.20
Year 4
Plan A = 1.70 Plan B = 4.50
Year 5
Plan A = 1.70 Plan B = 1.80
Total Number of Years = 5
Now, in order to calculate the total number of dividend per share over the 5 years time period. We need to sum the individual entries of Plans.
So,
For Plan A:
Total number of dividend per share = 1.10 + 1.10 + 1.10 + 1.70 + 1.70 = 6.7
Total number of dividend per share = 6.7
Similarly,
For Plan B:
Total number of dividend per share = 0.10 + 1.20 + 0.20 + 4.50 + 1.80 = 7.8
Total number of dividend per share = 7.8
