Question

Stephanie owns 300 shares of Blasco stock. The company recently issued a statement that it will...

Stephanie owns 300 shares of Blasco stock. The company recently issued a statement that it will pay a dividend per share of $.80 this year and a $.40 per share dividend next year. Stephanie does not want any dividend this year but does want as much dividend income as possible next year. Her required return on this stock is 10 percent. Ignoring taxes, what will Stephanie's total homemade dividend be next year?

Question 35 options:

$384.00

$360.00

$317.36

$396.00

$327.27
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Answer #1

So, the answer is $384

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