Stock of the XYZ Corporation has a par value of $50. If the corporation pays a 5% dividend, compute the amount of the dividend paid to the owner of 160 shares.

Name: Stock of the XYZ Corporation has a par value of $50. If the corporation pays a 5% dividend, compute the amount of the dividend paid to the owner of 160 shares.
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The Answer of Stock of the XYZ Corporation has a par value of $50. If the corporation pays a 5% dividend, compute the amount of the dividend paid to the owner of 160 shares.

Stock of the XYZ Corporation Has a Par Value of $50