Lisa purchased 200 shares of ABC stock on May 15th.On May 21st,she purchased another 200 shares,and then on May 22nd,she purchased 200 additional shares.The company declared a dividend of $1.47 a share on May 5th to holders of record on Friday,May 23rd.The dividend is payable on May 31st.How much dividend income will she receive on May 31st from ABC?
A) $0
B) $294
C) $234
D) $468
E) $588
Correct Answer:
Verified
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