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BBC will pay a dividend of $104 per share at the end of year 1 and a liquidation dividend of $76 per share at the
BBC will pay a dividend of $104 per share at the end of year 1 and a liquidation dividend of $76 per share at the end of year 2. The cost of equity is 13.4%. If you own 247 shares and want equal dividends at the end of years 1 and 2, how many shares do you buy/sell at the end of year 1? (Assume you can buy/sell any fraction of stock. Enter the number of shares to buy as a positive value and number of shares to sell as a negative value) ans upto 4 decimal places
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