If a Dividend of 18c Per Share Is Declared How

question 51

Multiple Choice

If a dividend of 18c per share is declared how much will a shareholder who owns 3000 shares receive if the shares were issued for $6 each and are currently selling on the stock market at $5.40 each?

• A) Nil
• B) $496
• C) $540
• D) $1800

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