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One Year Ago, You Purchased a Stock at a Price

Question 42

Multiple Choice

One year ago, you purchased a stock at a price of £32.50.The equity pays quarterly dividends of £.40 per share.Today, the shares are worth £34.60.What is the total amount of your dividend
Income to date from this investment?


A) £0.40
B) £1.60
C) £2.10
D) £2.50
E) £3.70

Correct Answer:

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