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If a Dividend of 18c Per Share Is Declared How

Question 51

Multiple Choice

If a dividend of 18c per share is declared how much will a shareholder who owns 3000 shares receive if the shares were issued for $6 each and are currently selling on the stock market at $5.40 each?


A) Nil
B) $496
C) $540
D) $1800

Correct Answer:

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