The required return on avondale stock is 15 percent. if you, Ask an Expert

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You own 1,200 shares of stock in Avondale Corporation. You will receive a 80-cent per share dividend in one year. In two years, Avondale will pay a liquidating dividend of $45 per share. The required return on Avondale stock is 15 percent. If you want only $225 total in dividends the first year, what will your homemade dividend be in two years.

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Accounting Basics, Accounting

Category:- Accounting Basics
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