A firm that 50,000 outstanding shares is planning to offer a DPS of 2.5. The price per
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A firm that 50,000 outstanding shares is planning to offer a DPS of 2.5. The price per share today is INR 55. The firm is all equity financed and currently has a cash balance of INR 5 lakhs. What is the cash balance and price per share after the dividend pay out? You hold 1200 shares of this firm. You are upset that the firm has paid you dividend and want to undo the dividend effect from your port- folio? What will be the choice to negate the dividend pay out given to you at the best extend possible and go to the status quo of pre-dividend period?
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Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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