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Darryl’s portfolio includes 66 shares of Essentia Inc. , 95 shares of SFT Legal, and 180 shares of Grath Oil. If Essentia Inc. Pays a yearly dividend of $1. 79 per share, SFT Legal pays $2. 62 per share, and Grath Oil pays $1. 18 per share, how much does Darryl receive in dividends every year? a. $610. 39 b. $893. 42 c. $402. 38 d. $579. 44 Please select the best answer from the choices provided A B C D.

Respuesta :

According to this theory, investors do not need to concern themselves with a company's dividend policy since they have the option to sell a portion of their portfolio of equities if they want cash.

Dividends every year

Correct option is D.

For computing the total dividend which is to be received every year, we have to calculate the sum of different portfolios.

The calculation is shown below:

= Essentia Inc shares × dividend per share + SFT Legal shares × dividend per share + Grath Oil shares ×  dividend per share

= 66 × $1.79 + 95 × $2.62 + 180 × $1.18

= $118.14 + $248.9 + $212.4

= $579.44

Hence, the $579.44 should Darryl receive in dividends every year.

Learn more about shares, refer to the link;

https://brainly.com/question/25553263

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