Question
Currently, you own 4,310 common shares of a company. The company will provide a dividend of $3.09 per share next year, no dividend in two
Currently, you own 4,310 common shares of a company. The company will provide a dividend of $3.09 per share next year, no dividend in two years from today, and a liquidating dividend of $69.30 per share in three years from today. The require return on the common shares is 12.61%. You want a total cash flow of just $1,130 next year and will use any excess received to buy more shares of the company. How much total dividends will you receive in three years from today after the additional share purchase in the first year?
Question 19 options:
| $314,138 |
| $321,992 |
| $329,845 |
| $337,699 |
| $345,552 |
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