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please anwer all three questions about wealth. Also please don't answer this one Kaushal because you got the last one wrong. thanks Points RSS Change

please anwer all three questions about wealth. Also please don't answer this one Kaushal because you got the last one wrong. thanks
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Points RSS Change to Nigh-dividend payout policy in world of taxes. Kevin currently owns 1,000 shares of Cylon, Inc. Cylon has a low-dividend-payout policy and this year will pay a $0.37 cash dividend on its shares, which are selling currently at $22.00. Kevin wants a high-dividend payout policy of 6.5% of the stock price, or $1,430.00 after tax. Assume Kevin bought the stock at $14.00 per share and his tax rates are 40% on dividends and 25% on capital gains. If Kevin change the dividend policy trom a low-dividend payout policy to a high-dividend payout policy, how does his wealth chango? What is Kevin's wealth in paper and cash under the current low-dividend-payout policy? $(Round to the nearest dollar)

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