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One year ago, you purchased a stock at a price of $22.50. The stock pays quarterly dividends of $.30 per share. Today, the stock is

One year ago, you purchased a stock at a price of $22.50. The stock pays quarterly dividends of $.30 per share. Today, the stock is worth $34.60 per share. What is the total amount of your dividend income to date from this investment? A: $ 0.30 B: $ 1.60 C: $ 1.20 D: $ 2.50 E: $ 1.60

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