If you own 14,000 shares of stock of Nike and it pays a dividend of $0.26 per share, then what is the total dividend you will receive? The total dividend that you will receive is (Round to the nearest dollar.)

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter18: Initial Public Offerings, Investment Banking, And Capital Formation
Section: Chapter Questions
Problem 9MC
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If you own 14,000 shares of stock of Nike and it pays a dividend of $0.26 per share, then what is the total dividend
you will receive?
The total dividend that you will receive is $
(Round to the nearest dollar.)
Transcribed Image Text:If you own 14,000 shares of stock of Nike and it pays a dividend of $0.26 per share, then what is the total dividend you will receive? The total dividend that you will receive is $ (Round to the nearest dollar.)
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