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A firm has $300 million of assets that includes $60 million of cash and 10 million shares outstanding. The firm uses $30 million of its
A firm has $300 million of assets that includes $60 million of cash and 10 million shares outstanding. The firm uses $30 million of its cash to pay dividends. If an investor has 1000 shares, how many shares must he sell to create a homemade dividend of $4100?
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