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Problem 1 9 - 1 2 Homemade DividendsYou own 1 , 1 0 0 shares of stock in Avondale Corporation. You will receive a dividend
Problem Homemade DividendsYou own shares of stock in Avondale Corporation. You will
receive a dividend of $ per share in one year. In two years,
Avondale will pay a liquidating dividend of $ per share. The
required return on Avondale stock is percent. Suppose you want
only $ total in dividends the first year.What will your homemade dividend be in two years? Do
not round intermediate calculations and round your answer to the
nearest whole dollar amount. eg
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