lxve0keira lxve0keira
  • 22-04-2024
  • Mathematics
contestada

Larissa invests $8,000 by purchasing 400 shares of a dividend-paying stock. Each share
pays an annual dividend of $0.52 every year.
a. What is the total value in dividends Larissa would receive over 12 years of
owning this stock? Assume the dividend rate does not change.

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