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What is the total amount of your dividend income?

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Six months ago, you purchased 100 shares of stock in Global Trading at a price of $38.70 a share. The stock pays a quarterly dividend of $0.15 a share. Today, you sold all of your shares for $40.10 per share.

What is the total amount of your dividend income on this investment?

Options:
A) $15
B) $30
C) $45
D) $50

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Solution Summary

What is the total amount of your dividend income on this investment?

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