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2. vniue: 200 points Problem 18-8 Cash Dividends (L01) The stock of Payout Corp will go ex-dividend tomorrow. The dividend will be $2.25 per share,
2. vniue: 200 points Problem 18-8 Cash Dividends (L01) The stock of Payout Corp will go ex-dividend tomorrow. The dividend will be $2.25 per share, and there are 15,000 shares of stock outstanding the market value balance sheet for Payout is shown below. Assets Cash Fixed assets $350,000 1.150.000 Elabilities and Equity Equity $1,500,000 a. What price is Payout stock selling for today? (Round your answer to 2 decimal places.) Prices B. What price will it sell for tomorrow ignore taxes. (Do not round intermediate calculations, Round your answer to 2 decimal places.) Price $ References N
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Contemporary Issues In Behavioral Finance
Authors: Simon Grima
1st Edition
1787698823, 978-1787698826
