Answered: If you own 18,000 shares of stock of…

If you own 18,000 shares of stock of Nike and it pays a dividend of $0.26 per share, then what is the total dividend you will receive? The total dividend that you will receive is $______

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter18: Initial Public Offerings, Investment Banking, And Capital Formation

Section: Chapter Questions

Problem 9MC

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If you own 18,000 shares of stock of Nike and it pays a dividend of

$0.26 per share, then what is the total dividend you will receive?

The total dividend that you will receive is $_______.

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