Six months ago, you purchased 100 shares of stock in Global Trading at a price of $38.70 a share. The stock pays a quarterly dividend of $1.15 a share. Today, you sold all of your shares for $40.10 per share. What is the total amount of your dividend income on this investment?
A. $230
B. $215
C. $245
D. $250
E. $260
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Home » Business » Six months ago, you purchased 100 shares of stock in Global Trading at a price of $38.70 a share. The stock pays a quarterly dividend of $1.15 a share. Today, you sold all of your shares for $40.10 per share.