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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 222
Solve the following problems.
One share of Microsoft Corporation stock sells for $29.60. It currently pays an annual dividend of 1.8% of that selling price. Find the dividend per share to the nearest cent.
One share of Microsoft Corporation stock sells for $29.60. It currently pays an annual dividend of 1.8% of that selling price. Find the dividend per share to the nearest cent.
Explanation
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Recall the percent formula,
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, where ...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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