Question
5. At the General Assembly of TURKO, it has been decided that it will distribute a 50% bonus, 30% capital increase and a dividend of
5. At the General Assembly of TURKO, it has been decided that it will distribute a 50% bonus, 30% capital increase and a dividend of 0.90 $ (90 cent) per share. It has been announced that it will exercise its pre-emptive rights at 5 $. The company's current paid-in capital is 200 million $. The number of shares is 200 million and the price of a share in the market is 40 $. a. In this case, what will be the current number of shares of the enterprise (the number of shares originating from price and bonus issues will be shown separately), market value and paid-in capital? b. In addition, how much cash will be entered into the safe of the TURKO firm as a result of the increase in the paid capital? c. In the light of this information, what will be the new market price of the company's share?
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