Lisa purchased 100 shares of ABC stock on May 15th.On May 21st,she purchased another 100 shares and then on May 22nd she purchased 200 additional shares.The company declared a dividend of $1.32 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) $132
C) $264
D) $330
E) $528
Correct Answer:
Verified
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