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Drius Security stock has a yearly dividend of $12.11. If you own 132 shares of Drius Security, how much do you get paid in quarterly dividends? a. $133.21 b. $1,598.52 c. $366.96 d. $399.63

Verified Answer :

TaeKwonDoIsDead

Dividends are paid per share. So $12.11 per year is paid per share.

So, if you own 132 shares, you get \(132*12.11=1598.52\) dollars per year for all the stocks.

A quarter is \(\frac{1}{4}\) of a year.

So, you would be expected to get \(\frac{1}{4}*1598.52=399.63\) dollars in quarterly dividends. Answer choice D is correct.


ANSWER: D

Answer:

The correct answer is D.) $399.63

Step-by-step explanation: Just took the test and got every answer right on edg.

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