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Help Save & Exit Submit Problem 16-11 Homemade Dividends own 1,650 shares of stock in Avondale Corporation. You will receive a $1.50 per share dividend in one year In two years,the will pay a liquidating dividend of $54 per share. The required return on the stock is 20 percent gnoring taxes, what is the current share price of the stock? (0o not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Share price 247 If you would rather have equal dividends in each of the next two years, how many shares would you sell in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Number of shares $35 What would your cash flow be each year for the next two years? Hint: Dividends will be in the form of an annulity. (Do not round intermediate calculations and round your answer to the nearest whole number, eg, 32.) Cash flow $ Prev 50f 8111 Next > 0 1 9