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17 You own 1,800 shares of stock in Armstrong Corporation. You will receive a $1.50 per share dividend in one year in two years, Armstrong

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17 You own 1,800 shares of stock in Armstrong Corporation. You will receive a $1.50 per share dividend in one year in two years, Armstrong will pay a liquidating dividend of $80 per share. The required return on Armstrong stock is 25%. Suppose you want only $1,100 total in dividends the first year, What will your homemade dividend be in two years? (Do not round Intermediate calculations. Round the final answer to 2 decimal places. Omit sign in your response.) 8 pois Homemade dividend $ 146000 00:44

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