Luis owns 300 shares of a stock that plans to pay a special $4.65 per share dividend 1 year from today and a final $.32 per share dividend 2 years from today.He does not desire any dividend income in 2 years but wants all of his dividends in 1 year.He can borrow and lend at 9 percent.Ignoring taxes,what will be his total homemade dividend in 1 year?
A) $1,306.93
B) $1,491.00
C) $1,208.15
D) $1,616.55
E) $1,845.15
Correct Answer:
Verified
Q48: Reverse stock splits can be used to
A)adjust
Q49: Which statement is true?
A)Dividends are evenly distributed
Q50: A firm has a market value equal
Q51: Lisa purchased 200 shares of ABC stock
Q52: New Built wants to repurchase 15,000 of
Q54: The highest and lowest prices at which
Q55: A sensible payout policy
A)sets dividends at a
Q56: Eisley's has a market value equal to
Q57: On May 18th,you purchased 900 shares of
Q58: Which statement is correct?
A)Total owner's equity decreases
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