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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Leon Williams is an investor in Springfield Corporation. On September 1, YearOne, he purchased 150 shares of stock at a price of $45 per share. On October 15,Year One, Springfield distributed dividends of $1.50 per share. On December 31,Year One, Springfield’s stock is selling for $47 per share. Which of the following isthe value of Leon’s investment on December 31, Year One?a. $6,750b. $6,975c. $7,050d. $7,275
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