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Creating own dividend policy. Erik owns 1,900,000 shares of Wiseguy Entertainment. Wiseguy just declared a cash dividend of $0,05 per share. The stock is currently

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Creating own dividend policy. Erik owns 1,900,000 shares of Wiseguy Entertainment. Wiseguy just declared a cash dividend of $0,05 per share. The stock is currently selling for $6,00. If Erik wants an annual "dividend income" of $27,500,$95,000 or $255,000 from his stock holdings, what must he do to got these levels of income? What is his wealth in paper and cash for each level of desired dividend income? Assume a world of no taxes. First, if Erik wants an annual "dividend income" of $27,500 from his stock holdings, what must he do fo get this level of income? (Select the best response.) A. Erik needs to purchase 11,344.54 more shares of stock. B. Erik needs to sell 11,344.54 shares of the stock owned. C. Erik needs to do nothing. D. Erik needs to purchase 26,890.76 more shares of stock. E. Erik needs to sell 26,890.76 shares of the stock owned

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