Find the cost for the stock purchase. Ignore any broker's fee and assume that the purchase was at the close price for the day. Then find the annual dividend that would have been paid for the year on that number of shares. 820 shares of Meredith (MDP)
A. Cost $28,085.00; dividend $360.8
B. Cost $27,265.00; dividend $360.8
C. Cost $27,265.00; dividend $820.00
D. Cost $28,085.00; dividend $820.00
Answer: B
Mathematics
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