You own 1,000 shares of stock in avondale corporation. you will receive a dividend of $1.04 per share in one year. in two years, avondale will pay a liquidating dividend of $37.50 per share. the required return on avondale stock is 15.8 percent. what will your dividend income be this year if you use homemade dividends to create two equal annual dividend payments? a. $19,270 b. $16,712 c. $18,667 d. $17,935 e. $20,400
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You own 1,000 shares of stock in avondale corporation. you will receive a dividend of $1.04 per shar...
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