What will your total homemade dividend be in two years

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Reference no: EM132031835

You own 2,200 shares of stock in Avondale Corporation. You will receive a dividend of $1.50 per share in one year. In two years, Avondale will pay a liquidating dividend of $45 per share. The required return on the company's stock is 20 percent. Suppose you want only $2,700 total in dividends the first year. What will your total homemade dividend be in two years? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Homemade dividend $

Reference no: EM132031835

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