Chapter15: Dividend Policy
Section: Chapter Questions
Problem 5P
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Question
Answer these two problems with a complete solution.
1. You own 25 shares of BDO stock, par value P800.00. If the corporation declares a 5.75% dividend, what is your total dividend that should get?
2. If you own a share of stock that costs P1890 and pays an annual dividend of P10.50, what is the rate of income?
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