I need assistance solving this proiblems
Homework Answers
a.
| Semi-annual dividend | $ 28,560 |
Semi-annual dividend = $ 60 x 13,600 x 7% x 1/2 = $ 28,560
b.
| Cumulative dividend | $ 111,300 |
Cumulative dividend = 31,800 x $ 1.75 x 2 = $ 111,300
c.
| Quarterly dividend | $ 70,200 |
Quarterly dividend = 31,200 x $ 90 x 10% x 1/4 = $ 70,200
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I need assistance solving this proiblems
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