PLZ ANSWER ASAP WILL RATE Question 5 Alexander Railroads has a dividend reinvestment program for shareholders From 2013 to 2017, the company had the following share prices and dividends Year Share price after dividend dividend per share 2013 $48 $2 50 2014 $50 75 $2 75 2015 $55 15 $3 00 2016 $60 50 $3 50 2017 $61 25 $4 00 If you started with 100 shares of stock at $48 per share and participated fully in the DRIP, how many shares of stock would you have at the end of 2017 Round up to the nearest three decimal places

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Question: PLZ ANSWER ASAP! WILL RATE Question 5 Alexander Railroads has a dividend reinvestment program for shareholders. From 2013 to 2017, the company had the following

PLZ ANSWER ASAP! WILL RATE

Question 5

Alexander Railroads has a dividend reinvestment program for shareholders. From 2013 to 2017, the company had the following share prices and dividends.

Year	Share price after dividend	dividend per share
2013	$48	$2.50
2014	$50.75	$2.75
2015	$55.15	$3.00
2016	$60.50	$3.50
2017	$61.25	$4.00

If you started with 100 shares of stock at $48 per share and participated fully in the DRIP, how many shares of stock would you have at the end of 2017? Round up to the nearest three decimal places

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