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If you own 13,000 shares of stock of Nike and it pays a dividend of $0.26...

If you own 13,000 shares of stock of Nike and it pays a dividend of $0.26 per share, then what is the total dividend you will receive?

The total dividend that you will receive is $ ___________________. (Round to the nearest dollar.)

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Answer #1

Total dividend = number of shares*dividend per shares = 13000*0.25=3250

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