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6. The following data apply to Garber Industries, Inc. (GII): Value of operations $1,000 Short-term investments $100 Debt $300 Number of shares 100 The company
6. The following data apply to Garber Industries, Inc. (GII):
| Value of operations | $1,000 |
| Short-term investments | $100 |
| Debt | $300 |
| Number of shares | 100 |
The company plans on distributing $50 million as dividend payments. What will the intrinsic per share stock price be immediately after the distribution?
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