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Business, 24.02.2020 21:03 slayalways

You own 1,800 shares of stock in Avondale Corporation. You will receive a $1.60 per share dividend in one year. In two years, the company will pay a liquidating dividend of $66 per share. The required return on the company's stock is 12 percent. Suppose you want only $1,200 total in dividends the first year.

What will your homemade dividend be in two years?

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You own 1,800 shares of stock in Avondale Corporation. You will receive a $1.60 per share dividend i...
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