DPS is $3.00, and the stock sells for $90 per share. Burnside announces a 3-for-1 split. Immediately
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DPS is $3.00, and the stock sells for $90 per share. Burnside announces a 3-for-1 split. Immediately after the split, how many shares will you have? (3,000) What will the adjusted EPS and DPS be? ($2 and $1) What would you expect the stock price to be? ($30)
What are dividend reinvestment plans?
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Related Book For
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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