DRIPs . Eastern Railroad has a dividend reinvestment plan for shareholders. From 2010 to2014, the company had
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DRIPs.Eastern Railroad has a dividend reinvestment plan for shareholders. From 2010 to2014, the company had theyear-end share prices and theend-of-year annual dividends in the popupwindow: (See Image) If you started with 1,000 shares of stock at $45.50 per share and participated fully in theDRIP, how many shares of stock would you have at the end of2014? What would the total value of your sharesbe?
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