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What amount on may iris will receive

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Reference no: EM132879166

On May 1, 2021, Sigma Company' Board of Directors declared a cash dividend of $1.00 per share payable on May 25 to the shareholders of record as of May 15.

Problem 1: Iris Investor owns 500 shares, purchased on April 1, 2021. Iris sells all of her shares on May 15. Iris will receive what amount on May 25th?

Reference no: EM132879166

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