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Posted on Sep 28, 2024

Six months ago, you purchased 100 shares of stock at a price of $38.20 per share. The stock pays quarterly dividends of $0.18 per share.

Six months ago, you purchased 100 shares of stock at a price of $38.20 per share. The stock pays quarterly dividends of $0.18 per share. Today, the stock is selling for $49.18 per share. What is your dividend income on this investment?

Group of answer choices

$36

$72

$30

$24

$48

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