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What is the annual income from 180 shares of common stock of quarterly dividend of Rs. 3.75 per share?

A.	2689	B.	2550
C.	2700	D.	2560

Answer and Explanation

Answer:2700

Explanation:
if a person holds one unit of stock, he will get Rs. 3.75 every 3 months
=> The annual income from unit will be Rs. 15.
=> The annual income from 180 units will be 180 x 15 = 2700

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