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3 years ago

11

Candace is considering purchasing a common stock that pays an annual dividend of $3.42 per share. If she purchases 400 shares fo

r $53.18 per share, what would her annual income be from dividends?

1 answer:

Ymorist [56]3 years ago

8 0

Answer:

$1368

Step-by-step explanation:

Income from dividends = price per share x number of dividends purchased

$3.42 x 400 = $1368

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