Stock in Happy's Burger Chain was selling for $54.24 per share, and it was paying a $2.46
Question:
a. What was the new price of one share after the split?
b. If you owned 200 shares before the split, how many shares did you own after the split?
c. Following the same pattern, what was the annual dividend per share after the split? Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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