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You own 10,000 You own 10,000 shares of stock in FinGood, Inc., which has just sold one of its large resort hotels for $400 million.
You own 10,000
You own 10,000 shares of stock in FinGood, Inc., which has just sold one of its large resort hotels for $400 million. Management intends to return the entire revenue the sale to shareholders by issuing a special dividend. If FinGood has 50 million outstanding, how large a dividend payment do you expect to receive Step by Step Solution
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