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Six Months Ago,you Purchased 100 Shares of Stock in Global

Question 8

Multiple Choice

Six months ago,you purchased 100 shares of stock in Global Trading at a price of $38.70 a share.The stock pays a quarterly dividend of $0.15 a share.Today,you sold all of your shares for $40.10 per share.What is the total amount of your dividend income on this investment?


A) $15
B) $30
C) $45
D) $50
E) $60

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