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A firm has $ 3 0 0 million of assets that includes $ 6 0 million of cash and 1 0 million shares outstanding. The

A firm has $300 million of assets that includes $60 million of cash and 10 million shares outstanding. The firm uses $50 million of its cash to pay dividends. If an investor has
1,000 shares, how many shares must he sell to create a homemade dividend of $5,500?
20.00 shares
16.67 shares
46.67 shares
33.33 shares
ear my selection
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