Steve Purchased 300 Shares of Alpha Beta Stock on May

question 47

Multiple Choice

Steve purchased 300 shares of Alpha Beta stock on May 9.On May 15,he purchased another 300 shares and then on May 22 he purchased a final 400 shares of Alpha Beta stock.The company declared a dividend of $1.60 a share on April 30 to holders of record on Friday,May 23.The dividend is payable on June 2.How much dividend income will Steve receive on June 2 from Alpha Beta?

• A)$0
• B)$480
• C)$960
• D)$1,200
• E)$1,600

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.