Question
A company uses cash to pay a dividend of 10 million. It then issues more shares to new shareholders to replace cash What will happen
A company uses cash to pay a dividend of 10 million. It then issues more shares to new shareholders to replace cash
What will happen to the value of the excisitng shares and shareholder wealth ?
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
