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Pam currently owns 145 shares of XYZ, which is about to pay a $1.76 per share dividend, and has a dividend price of $27. Pam
Pam currently owns 145 shares of XYZ, which is about to pay a $1.76 per share dividend, and has a dividend price of $27. Pam would prefer a $3.89 per share dividend. How many shares of XYZ should she buy or sell, assuming she is selling her shares before the dividend date?. Please report buying shares as a positive number, and selling shares as a negative number, and give your answer to the nearest tenth of a share.
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