The expected return on Jeff's $260,000 stock portfolio is 24.3% and the dividend yield is 1.8%. How can Jeff generate homemade dividend income if he would prefer all of the return to be in the form of dividends?
a. Jeff should sell 22.5% of his portfolio holdings every year
b. There is no homemade dividend strategy that would match Jeff's preferences
c. Jeff should sell 7.6% of his portfolio holdings every year
d. Jeff should sell 1.8% of his portfolio holdings every year
