Jennifer and Jeff Cooke own 490 shares of Petro-Canada common stocks. Assume that Petro-Canada's quarterly dividend is $1.02 per share. What is the amount of the dividend cheque the Cooke couple will receive for this quarter? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Amount of dividend $ LA

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
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Jennifer and Jeff Cooke own 490 shares of Petro-Canada common stocks. Assume that
Petro-Canada's quarterly dividend is $1.02 per share. What is the amount of the dividend
cheque the Cooke couple will receive for this quarter? (Round your answer to 2 decimal
places. Omit the "$" sign in your response.)
Amount of dividend
Transcribed Image Text:Jennifer and Jeff Cooke own 490 shares of Petro-Canada common stocks. Assume that Petro-Canada's quarterly dividend is $1.02 per share. What is the amount of the dividend cheque the Cooke couple will receive for this quarter? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Amount of dividend
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