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10.You own 1,540 common shares of a company, which will pay a dividend of $1.24 per share next year and a liquidating dividend of $36.00
10.You own 1,540 common shares of a company, which will pay a dividend of $1.24 per share next year and a liquidating dividend of $36.00 per share in two years form today. The require return on the common shares is 6.58%.You want to createa homemade dividend so that you can get an equal dollar amount of total dividends in each of the two years.What will be the amount of homemade dividend in the second year?
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