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One Year Ago, You Purchased a Stock at a Price

Question 217

Multiple Choice

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


A) $.40
B) $1.60
C) $2.10
D) $2.50
E) $3.70

Correct Answer:

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