DRIPs. Eastern Railroad has a dividend reinvestment plan for shareholders. From 2010 to 2014, the...
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DRIPs. Eastern Railroad has a dividend reinvestment plan for shareholders. From 2010 to 2014, the company had the year-end share prices and the end-of-year annual dividends in the popup window:If you started with 100 shares of stock at $45.75 per share and participated fully in the DRIP, how many shares of stock would you have at the end of 2014? What would the total value of your shares be? How many shares of stock would you have at the end of 2014? shares (Round to two decimal places.) DRIPs. Eastern Railroad has a dividend reinvestment plan for shareholders. From 2010 to 2014, the company had the year-end share prices and the end-of-year annual dividends in the popup window:If you started with 100 shares of stock at $45.75 per share and participated fully in the DRIP, how many shares of stock would you have at the end of 2014? What would the total value of your shares be? How many shares of stock would you have at the end of 2014? shares (Round to two decimal places.)
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