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Stock in Trochel Office Supplies trades at $72.40 per share and pays a yearly dividend of $6.92 per share. If David owns stock in Trochel Office Supplies worth $6,443.60, how much does he get paid in yearly dividends? a. $678.16 b. $931.16 c. $615.88 d. $560.52
s
He get paid $615.88 in yearly dividends. 6443.60 / 72.40 = 89 6.92 x 89 = 615.88
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Asked 9/24/2014 7:55:14 AM
Updated 9/24/2014 11:56:18 AM
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He get paid $615.88 in yearly dividends.
6443.60 / 72.40 = 89
6.92 x 89 = 615.88
Added 9/24/2014 11:56:18 AM
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