A Pharmaceutical Company Paid a Dividend of $2

A pharmaceutical company paid a dividend of $2.4 per share. After a reorganization, the company reduced the dividend by 34.5%.
a. What was the amount of the decrease?
b. What is the new dividend?

A) a.$2.03 b.$1.47
B) a.$0.83 b $1.57
C) a.$0.93 b.$1.37
D) a.$0.63 b.$1.77
E) a.$0.53 b.$1.67