Problem
The current market share price for CryptoMoon Corporation is $15 per share and suppose you own 3,000 shares of CryptoMoon stock. CryptoMoon announces it will pay a $0.8 per share dividend in both this year and the next year. However, according to your own preference, you only wish to receive $1,200 total in dividends for this year. Therefore, you accomplish this by implementing homemade dividends (involving share repurchase). What will your total dividend amount be in next year? Show your workings.