24. Dividend clienteles (S15.3) Mr. Milquetoast admires Warren Buffett and believes that Berkshire Hathaway is a good

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24. Dividend clienteles (S15.3) Mr. Milquetoast admires Warren Buffett and believes that Berkshire Hathaway is a good investment. He wants to invest $100,000 in Berkshire Hathaway B shares but hesitates because Berkshire Hathaway has never paid a dividend. He needs to generate $5,000 per year in cash for living expenses. What should Mr. Milquetoast do?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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