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Change to high - dividend - payout policy. Kevin currently owns 1 , 1 0 0 shares of Cylon, Inc. Cylon has a low -
Change to highdividendpayout policy. Kevin currently owns shares of Cylon, Inc. Cylon has a lowdividendpayout policy and this year will pay a $ cash dividend on its shares, which are selling currently at $ Kevin wants a highdividendpayout policy of of the stock price. What will Kevin need to do to convert this lowdividendpayout policy to a highdividendpayout policy for himself? Assume a world of no taxes and transaction costs.
What will Kevin need to do to convert this lowdividendpayout policy to a highdividendpayout policy for himself? Select the best response.
A Kevin needs to sell shares of stock.
B Kevin needs to purchase more shares of stock.
C Kevin needs to purchase more shares of stock.
D Kevin needs to do nothing.
E Kevin needs to sell shares of stock.
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