Jatin invested $ 27260 in buying $ 100 shares of a company at $ 116 ea

1.
Jatin invested $ 27260 in buying $ 100 shares of a company at $ 116 each. If the company paid 16% dividend at the end of the year, find his income from the dividend.

A. $ 3560

B. $ 2760

C. $ 3760

D. $ 3660

Answer» D. $ 3660

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1.	Jatin invested $ 27260 in buying $ 100 shares of a company at $ 116 each. If the company paid 16% dividend at the end of the year, find his income from the dividend.
A.	$ 3560
B.	$ 2760
C.	$ 3760
D.	$ 3660
Answer» D. $ 3660

Jatin invested $ 27260 in buying $ 100 shares of a company at $ 116 each. If the company paid 16% dividend at the end of the year, find his income from the dividend.

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