15-10
STU Mobility Inc. will pay $5 per share in cash dividends one year from now, and a liquidating dividend of $80 per share two years from now. The required return on similar common stocks is 15%. If you own 1,000 shares of the 100,000 total shares outstanding in STU, but you want to have constant dividend payout in the next two years, how much homemade dividends can you get in each year?
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