試題詳解

5.(4%) Edward just bought 1,000 shares of stock in Gampers Corporation. He will receive a $1 per share dividend at the end of his first year holding. At the end of second year holding, Gampers will pay a liquidating dividend of $50 per share. The require rate of return on Gampers stock is 10 percent. If Edward would rather have equal dividends in cach of next two years, show how he can accomplish this at the end of first year.
(A) Sell 535.33 shares at $45.45.
(B) Sell 590.165 shares at $41.23.
(C) Sell 565.9117 shares at $41.23
(D) Sell 513.33 shares at $45.45.
(E) Sell 552.5114 shares at $42.23.