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1. Calculate the following:
A. An investor owns 220 shares of Starbucks common stock. The quarterly dividend is $.75 per share. What’s the dollar amount of the dividend the investor will receive for this quarter? What would the dividend dollar amount be for a full year?
B. During the four quarters for 2023, an investor received two quarterly dividend payments of $.43, one quarterly dividend payment of $.52, and one quarterly dividend payment of $.64. If the investor owned 320 shares of stock, what was the investor’s total dividend income for 2023?
