What will be john homemade dividend strategy

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Question - Orio limited is about to pay a cash dividend of $5 per share. The current share price is $35. John owns 1000 shares of Tesla, and he prefers a $7 cash dividend. What will be John's homemade dividend strategy?

a. Buy more shares to receive expected cash as a dividend

b. Sell shares to generate $2000 cash.

c. None of the options

d. Sell 85.71 shares to generate the required cash.

Reference no: EM133187082

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