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BBC will pay a dividend of $14 per share at the end of year 1 and a liquidation dividend of $114 per share at the
BBC will pay a dividend of $14 per share at the end of year 1 and a liquidation dividend of $114 per share at the end of year 2 . The cost of equity is 12%. If you own 148 shares and want a total dividend of $2,832 at the end of year 1 , 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)
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