What must he do to get these levels of income? what is his, Ask an Expert

Management Studies

Erik owns 2,000,000 shares of Wiseguys Entertainment. Wiseguys just declared a cash dividends $0.05 per share. The stock is currently selling for $5.00. If Erik wants an annual dividend income of $50,000, $100,000 or $250,000 from his stock holdings, what must he do to get these levels of income? What is his wealth in paper and cash for each level of desired dividend income level? Assume a world of no taxes.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M978298

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