Marty Market owns 200 shares of Light Bulb Utility. The company pays a $6 per share dividend and the share price is $ 156. How many shares would Marty need to sell to create a homemade dividend of $15 per share?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter9: Acquisitions Of Property
Section: Chapter Questions
Problem 81IIP
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dont use chatgpt and no plagirism.

Marty Market owns 200 shares of Light
Bulb Utility. The company pays a $6 per
share dividend and the share price is $
156. How many shares would Marty
need to sell to create a homemade
dividend of $15 per share?
Transcribed Image Text:Marty Market owns 200 shares of Light Bulb Utility. The company pays a $6 per share dividend and the share price is $ 156. How many shares would Marty need to sell to create a homemade dividend of $15 per share?
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