Answer:
The correct solution would be "320".
Explanation:
The given values are:
Number of shares
= 1,600
Dividend per share
= $0.20
Now,
The received dividend will be:
= [tex]Number \ of \ shares\times Dividend \ per \ share[/tex]
= [tex]1600\times 0.20[/tex]
= [tex]320[/tex]
