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A dividend of 10% in a company on 500 000 ordinary shares of N 1…

A dividend of 10% in a company on 500 000 ordinary shares of N 1 nominal value has been declared, How much will a shareholder receive if he has 200 shares?
  • A.
    N 500 000
  • B.
    N 50 000
  • C.
    N200
  • D.
    N 20
Correct Answer: Option D
Explanation