Multiple Choice
Suppose you have a total return of 8 percent on the 500 shares of XYZ Company that you bought for $9,590 last year.XYZ paid four equal quarterly dividends during the year.What would be the quarterly dividend if the current stock price is $18.64 per share?
A) $0.50
B) $0.52
C) $0.54
D) $0.56
Correct Answer:
Verified
Correct Answer:
Verified
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