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Winslow Plc Is Currently Selling for £40 a Share

question 51

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Winslow plc is currently selling for £40 a share.The equity has a dividend yield of 3.8%.How much dividend income will you receive per year if you purchase 500 shares?


Definitions:

Disbursement Float

The time between when a check is issued by a company and when the funds are actually removed from the company's bank account.

Cheques

Documents that order a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

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