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What would be the amount of the dividend per quarter

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Reference no: EM132946060

Problem 1: DY Corporation declared the regular quarterly dividend of P2 per share. It had issued12,000 shares and subsequently reacquired 2,000 shares as treasury stock. What would be the amount of the dividend per quarter?

a. P4,000
b. P20,000
c. P24,000
d. P80,000

Reference no: EM132946060

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