Question
Below you will find an order book. With a limit order to sell 500 shares at $15.17, how many shares will be sold? Shares
Below you will find an order book. With a limit order to sell 500 shares at $15.17, how many shares will be sold? Shares 300 150 Buy Orders 400 Price Order Book $15.19 $15.18 $15.15 Shares 150 100 50 Sell Orders Price $15.20 $15.21 $15.23 You have invested in a public company that currently has a market value of $420,000,000 and pays dividends quarterly. The company has had an IPO and several FPOs, and the number of shares actively traded is 360,000. You own 500 of those shares. If the dividend yield was 5.5%, what is the dollar amount you earned in dividends in the last quarter?
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
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