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On November 5th Apple announced that they would be paying a dividend of $1.5 per share on December 12th. They also announced that the ex-dividend

On November 5th Apple announced that they would be paying a dividend of $1.5 per share on December 12th. They also announced that the ex-dividend date is November 22nd. If you purchased 1000 shares of Apple on November 22nd, what are your dividend proceeds?

$1,000

$1,500

$2,000

$3,000

$0

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