On May 24, 2010, Kurt Rogers Bought 100 Shares of Stock

question 126

Multiple Choice

On May 24, 2010, Kurt Rogers bought 100 shares of stock from XYZ Corporation. The quarterly dividend is $1.25 per share and the record date is May 25. How much will Kurt receive for this quarterly dividend?

• A) $0.00
• B) $1.25
• C) $12.50
• D) $125.00
• E) $0.13

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Definitions:

Surgical Puncture

A medical procedure involving the insertion of a needle to remove fluid for diagnostic purposes or relieve pressure.

Chest Wall

The structures that enclose the chest cavity, including the rib cage, muscles, and skin, providing protection and support.

Fluid

A substance that flows freely, such as a liquid or gas, adjusting its shape to fit its container.

Eupnea

Normal, unlabored breathing.