5 and 6

5. Regular Dividends [LO1] The balance sheet for Sinking Ship Corp. is shown here in market value terms. There are 14,000 shares of stock outstanding The co tomorrow. Ignoring any a dividend of $1.30 per share. The stock goes ex dividend sell for tomorrow? What will effects, what is the stock selling for today? What will it 6. Share Repurchase [LO4] In Probleme sheet look like after the dividends are paid? going to repurchase $18,200 worth of 5 , suppose the company has announced it is the equity of the firm? How manth of stock. What effect will this transaction have on