On july 14 you purchased 1500 shares of myron stock on, Financial Management

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On july 14 you purchased 1500 shares of myron stock on

On July 14, you purchased 1,500 shares of Myron stock. On August 1, you sold 500 shares of this stock for $16 a share. You sold an additional 300 shares on August 18 at a price of $18 a share. The company declared a $.75 per share dividend on August 3 to holders of record as of Wednesday, August 15. This dividend is payable on August 31. How much dividend income will you receive on August 31 as a result of your ownership of Myron stock?

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