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How many shares should sell to create a homemade

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Problem 1: Merdin Inc has $460 million of assets, $90 million of which is cash and it uses $69 million of its cash to pay dividends. The firm has 23 million shares outstanding. If you own 2000 shares of Merdin Inc, how many shares should you sell to create a homemade dividend of $14000?

Reference no: EM132915173

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