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You own 4,000 shares and it currently sell for $75 per share. A year from...

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Finance

You own 4,000 shares and it currently sell for $75 per share. A year from now, you expect the company to pay a dividend per share with the amount of $1.25 and the stock to sell for $40 per share immediately after this $1.25 dividend is paid. If you want to receive exactly $3,400 a year from now, how many shares do you expect to own immediately after you create your desired cash flow amount of $3,400 by using homemade dividends?

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