10
QuizMultiple Choice

Investing in Stocks

Question 10 • Financial Math A

Liz owns stock in Nar Heating/Cooling and Cilla Shipping. She owns 120 more shares of Cilla Shipping than she does of Nar Heating/Cooling. Nar Heating/Cooling pays a yearly dividend of $5.78 per share, and Cilla Shipping pays a yearly dividend of $4.15 per share. If Liz receives $1630.02 in dividends annually, how many shares of Nar Heating/Cooling does she own?a.196 sharesb.114 sharesc.348 sharesd.282 shares

Answer
A
A
B
B
C
C
D
D