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Computing the total homemade dividend

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Alex owns 300 shares of E&F enterprises and earns 30 percent on his investment. E&F recently stated that it will pay dividend of $66 in this year and $72 next year. Andrew does not want any dividend income this year but this want as much dividend income as possible next year. Ignoring taxes, what will Andrew's total homemade dividend be next year?

Reference no: EM132830189

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