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You own $3,300 worth of stock in a company that is expected to pay dividend of...

You own $3,300 worth of stock in a company that is expected to pay dividend of $12 per share in 1 year and a liquidating dividend of $45 per share in 2 years. The required return on stock is 20%. Your preference is to receive equal dividends in each of the next 2 years. Show how you would accomplish this by creating homemade dividends.

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jeff jeffy answered 2 hours ago
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