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Suppose that the dividend yield for a certain stock was 5% in 2017, If you purchased 48 shares at a price of $39 per share

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Suppose that the dividend yield for a certain stock was 5% in 2017, If you purchased 48 shares at a price of $39 per share at the beginning of 2017 and kept your shares until the end of the year, what was your individual dividend for the year? Round your answer to the nearest dollar

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