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juin [17]
2 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?
Mathematics
1 answer:
Ymorist [56]2 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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