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On May 18th, Navya purchased 700 shares of Zippy stock. On June 1st, she sold 100 shares of this stock for $32 per share. She

On May 18th, Navya purchased 700 shares of Zippy stock. On June 1st, she sold 100 shares of this stock for $32 per share. She sold an additional 200 shares on July 6th at a price of $34.50 per share. The company declared a per share dividend of $.95 on June 20th to holders of record as of Friday, July 8th. This dividend is payable on July 29th. How much dividend income will Navya receive on July 29th?

Multiple Choice:

  • $380

  • $0

  • $570

  • $475

  • $665

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