A pharmaceutical company paid a dividend of $2.4 per share. After a reorganization, the company reduced the dividend by 34.5%. a. What was the amount of the decrease? b. What is the new dividend?
A) a.$2.03
b.$1.47
B) a.$0.83
b $1.57
C) a.$0.93
b.$1.37
D) a.$0.63
b.$1.77
E) a.$0.53
b.$1.67
B) a.$0.83
b $1.57
Health & Biomechanics
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