Your portfolio is 240 shares of Rising Sun Co.The stock currently sells for $62 a share.The company has announced a dividend of $1.10 per share with an ex-dividend date of May 6.Assume there are no taxes.What will your portfolio value be on May 7?
A) $14,616
B) $14,880
C) $15,026
D) $15,144
E) $15,210
Correct Answer:
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