Helen owns 12% of the stock of the Median Corporation. If Median makes a dividend payment of $25,000,000 paidproportionally to its shareholders, how much of this amount would Helen receive, disregarding tax?OA. $2,460,000OB. $4,305,000OC. $3,075,000OD. $3,690,000

Calculate the total value of Helen's ownership:Multiply Helen's ownership percentage by the total…

Answered: Helen owns 12% of the stock of the…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Helen owns 12% of the stock of the Median Corporation. If Median makes a dividend payment of $25,000,000 paid proportionally to its shareholders, how much of this amount would Helen receive, disregarding tax? OA. $2,460,000 OB. $4,305,000 OC. $3,075,000 OD. $3,690,000