Eric Nadel owns 400 shares of Ranger, Inc. The company's board of directors recently declared a cash dividend of $1.76 a share payable April 13 (a Wednesday) to shareholders of record on March 17 (a Thursday).

a. How much in dividends, if any, will Eric receive if he sells his stock on March 16?

b. Assume Eric decides to hold on to the stock rather than sell it. If he belongs to the company's dividend reinvestment plan, how many new shares of stock will he receive if the stock is currently trading at $48.10 and the plan offers a 4.7%

discount on the share price of the stock? (Assume that all of Eric's dividends are diverted to the plan.) Will Wilfred have to pay any taxes on these dividends, given that he is taking them in stock rather than cash?

Ente Nadea 40 stures of larger. The company board of directors recently delwed a chadend of 170 a share payable Art 13 a Wednesday to shareholders of record on March 17 Thursday How much in dividends, farvy wire receive the stock on March 187 Am Ende des to hold on to the stock rather and he belongs to the company's dividend reinventant, how many who lock wil he receive the stock curry vadow 548 10 and the lines decount on other price of the ones indende are diverted to plan W Wired have to pay anys on these dividendeve that he is taking them in sockerhana The most individende wyse he was his ock on March 1610 (Round to the newestor) The bebra a recomany dodendrovestment plan and a weka curarty vading at 54570 and the planches 47 secourt on the share price of the user to runter er new share to win race round to prom decimal places) wa Erc have to pay anytes on these dividends given that he is taking them in stock rather than (Select the two wew) OA Ercan to paytaus since the dividend is treated as a cash Oxidend The dividende we are allow, preferential role of 15 r. O. Ereware to pay taxes since it is noted as a cash dividend, the dividende reted at a higher less preferential rate of 28 or more OC. Eric will not woe to pay taxes since the vidend is treated as a stock dividend Unte cash dividende, investment dividends are not ed until you actum este OD. Er wil we boetes in the dividend is trued as a condividend The Gredende weted the preferential rate of 25% or more