DVD Entertainment Group Ltd Has Declared a Final Dividend Per

question 40

Multiple Choice

DVD Entertainment Group Ltd has declared a final dividend per share of $0.50 to be paid in the form of a dividend reinvestment plan.The weighted average price of DVD shares for the five days after the record date relating to this dividend was $15.80.If an investor currently owns 5,000 shares how many new shares will they receive under the scheme?

• A)124
• B)220
• C)158
• D)189

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Definitions:

Extraverts

Individuals characterized by their outgoing, sociable, and energetic behavior.

Introverts

Individuals who prefer solitary activities and get drained by social engagement, as opposed to seeking energizing experiences from external activities.

Usual Pattern

The common or typical way in which something normally occurs or is experienced.

Branches Of Psychology

Various specialized fields within psychology that focus on different aspects of human thought, behavior, and emotions, such as clinical, cognitive, developmental, and social psychology.