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Creating own dividend policy. Carmen owns 340,000 shares of Wiseguy Entertainment. Wiseguy has just declared a $0.25 per share dividend on a stock selling at
Creating own dividend policy. Carmen owns 340,000 shares of Wiseguy Entertainment. Wiseguy has just declared a $0.25 per share dividend on a stock selling at $27.25. What must Carmen do if she wants no cash dividends at this time, $75,000 worth of dividends, or $105,000 worth of dividends? Show her wealth in paper and cash under each scenario. Assume a world of no taxes. First, if Carmen does not want an annual "dividend income" from his stock holdings, what must she do to get this level of income? (Select the best response.) A. Carmen needs to purchase 3,148.15 more shares of stock. B. Carmen needs to sell 3,148.15 shares of the stock owned. C. Carmen needs to do nothing. D. Carmen needs to purchase 740.74 more shares of stock. CXE. Carmen needs to sell 740.74 shares of the stock owned. If Carmen does not want an annual "dividend income" from his stock holdings, what is her wealth in paper and cash? $ (Round to the nearest dollar.)
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