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You own 3,000 shares of stock in Avondale Corp. You will receive a $0.70 per share dividend in one year. In two years, Avondale will

image text in transcribed You own 3,000 shares of stock in Avondale Corp. You will receive a $0.70 per share dividend in one year. In two years, Avondale will pay a liquidating dividend of $47 per share. The required return on Avondale stock is 14 percent. (Do not roun intermediate calculations. Round the final answers to 2 decimal places. Omit \$ sign in your response.) What is the current share price of your stock (ignoring taxes)? Share price $ If you would rather have equal dividends in each of the next t years by creating homemade dividends, what would be t cash flow for Year 1 and Year 2

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