A land developer declared a dividend of 3570632 for its common stock. Suppose there are 38640 of common stock, how much is the dividend per share? Round off your answer in two decimal places.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
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Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
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A land developer declared a dividend of 3570632 for its common stock. Suppose there are 38640 of common
stock, how much is the dividend per share? Round off your answer in two decimal places.
Transcribed Image Text:A land developer declared a dividend of 3570632 for its common stock. Suppose there are 38640 of common stock, how much is the dividend per share? Round off your answer in two decimal places.
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