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ATP Ltd Has Declared a Final Dividend Per Share of $1.45

Question 10

Multiple Choice

ATP Ltd has declared a final dividend per share of $1.45 to be paid in the form of a dividend reinvestment plan.The weighted average price of ATP shares for the five days after the record date relating to this dividend was $10.23.If an investor currently owns 2,000 shares,how many new shares will they receive under the scheme?


A) 215
B) 283
C) 267
D) 238

Correct Answer:

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