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Shareholders of Exxon/Mobil received an average annual dividend of $3.826 per share for 20 years per share of stock. What is the value of the
Shareholders of Exxon/Mobil received an average annual dividend of $3.826 per share for 20 years per share of stock. What is the value of the dividends paid on a share of stock for the dividends for 20 years if the dividends paid were reinvested at 3%?
A. $50
B.$75
C. $25
D. $100 or over
E. $10
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