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On May 20, 2010, Tony Blackman Bought 100 Shares of Stock

Question 79

Multiple Choice

On May 20, 2010, Tony Blackman bought 100 shares of stock from XYZ Corporation. The quarterly dividend is $1.25 per share and the record date is May 25. How much will Tony receive for this quarterly dividend?


A) $0.00
B) $1.25
C) $12.50
D) $125.00
E) $0.13

Correct Answer:

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