PLZ ANSWERASAP WILL RATE Question 6 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, what would be the total value of your shares at the end of 2017 Round up to the nearest penny No dollar signs

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Question: PLZ ANSWERASAP. WILL RATE Question 6 Alexander Railroads has a dividend reinvestment program for shareholders. From 2013 to 2017, the company had the following share

PLZ ANSWERASAP. WILL RATE

Question 6

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, what would be the total value of your shares at the end of 2017? Round up to the nearest penny. No dollar signs

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