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You own 600 shares of stock in Avondale Corporation. The company plans to pay a dividend of $2.48 per share in one year and a
You own 600 shares of stock in Avondale Corporation. The company plans to pay a dividend of $2.48 per share in one year and a final liquidating dividend of $2010 per share two years from now. The required return on Avondale stock is 16.3 percent. What will your dividend Income be this year if you use homemade dividends to create two equal annual dividend payments? Multiple Choice O O $6,270 $6, 712 55,667 S6376 56.400
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