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Mathematics, 07.04.2021 15:50 shavonfriend27

A company's 'dividend yield' is defined as the ratio between its share price and its dividend per share, i. E. Dividend Yield=Dividend per SharePrice per Share. If a company has 20 million shares issued, a share price of $2.50 per share and a dividend yield of 5% how much will I receive in dividends if I own 20,000 shares? Give your answer in dollars to the nearest dollar. Do not include the dollar symbol or commas in your answer.

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