You own 1,100 shares of stock in Avondale Corporation. You will receive a $1.80 per share...

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You own 1,100 shares of stock in Avondale Corporation. You willreceive a $1.80 per share dividend in one year. In two years, thecompany will pay a liquidating dividend of $45 per share. Therequired return on the company's stock is 20 percent.

a.
Ignoring taxes, what is the current share price of your stock?(Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)
b. Ifyou would rather have equal dividends in each of the next twoyears, how many shares would you sell in one year? (Do notround intermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)
c. Whatwould your cash flow be for each year for the next two years?Hint: Dividends will be in the form of an annuity.(Do not round intermediate calculations.)

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You own 1,100 shares of stock in Avondale Corporation. You willreceive a $1.80 per share dividend in one year. In two years, thecompany will pay a liquidating dividend of $45 per share. Therequired return on the company's stock is 20 percent. a.Ignoring taxes, what is the current share price of your stock?(Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)b.Ifyou would rather have equal dividends in each of the next twoyears, how many shares would you sell in one year? (Do notround intermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)c.Whatwould your cash flow be for each year for the next two years?Hint: Dividends will be in the form of an annuity.(Do not round intermediate calculations.)

a.	Ignoring taxes, what is the current share price of your stock?(Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)
b.	Ifyou would rather have equal dividends in each of the next twoyears, how many shares would you sell in one year? (Do notround intermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)
c.	Whatwould your cash flow be for each year for the next two years?Hint: Dividends will be in the form of an annuity.(Do not round intermediate calculations.)