Luis owns 800 shares of a stock that announced it will pay, Ask an Expert

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Luis owns 800 shares of a stock that announced it will pay a special $3.30 per share dividend one year from today and a regular $.30 per share dividend two years from today. He does not desire any dividend income this year but does want the maximum available to him next year. He can earn 12 percent on his funds. Ignoring taxes, what will be his total homemade dividend in two years?

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Financial Management, Finance

Category:- Financial Management
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