How many shares will the investor have at the end

Reference no: EM13288014

An investor who buys 100 shares for $40 a share of stock that pays a per-share dividend of $2 annually signs up for the dividend reinvestment plan. If neither the price of the stock nor the dividend is changed, how many shares will the investor have at the end of 10 years?

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Reference no: EM13288014

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