You own 1800 shares of stock in avondale corporation you, Financial Management

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You own 1800 shares of stock in avondale corporation you

You own 1,800 shares of stock in Avondale Corporation. You will receive a $1.50 per share dividend in one year. In two years, Avondale will pay a liquidating dividend of $80 per share. The required return on Avondale stock is 25 percent. Suppose you want only $1,100 total in dividends the first year. What will your homemade dividend be in two years? (Do not round intermediate calculations.) Homemade dividend $

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