Suppose you own 60 shares of Microsoft, which pay a dividend of $0.13 per share per year. How much will you receive in dividends over 5 years, assuming the dividends stay the same and you buy no more stock? A. $39.00 B. $23.40 C. $44.60 D. $7.80

Question

Suppose you own 60 shares of Microsoft, which pay a dividend of $0.13 per share per year. How much will you receive in dividends over 5 years, assuming the dividends stay the same and you buy no more stock?   		A.	$39.00  		B.	$23.40  		C.	$44.60  		D.	$7.80

anonymous · Answer

=0.13*5=39

anonymous · Answer

The answer is correct, but the explanation should be
.13*60*5 = 39.00