Question
After a 3-for-2 stock split, Brandon Corp paid a dividend of 25 cents per new share. This amount represents a 5% increase over last year's
After a 3-for-2 stock split, Brandon Corp paid a dividend of 25 cents per new share. This amount represents a 5% increase over last year's pre-split dividend. What was last year's dividend per share? $0.1587
$0.238
$0.357
$0.5357
None of the above
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
