Wren's investment manager informed her that she has a dividend yield of 6 from her investment with AB PLC. If the shares of the company currently trade for $20 on the Stock Exchange, what is the total dividend Wren receives if she has 2000 shares in AB PLC?
$40000
$12000
$1200
$2400
2 answers
$20 * .06 * 2000
$2400