Question
Alpha Inc. has 5 million shares outstanding. The stock is currently trading for $40 with an EPS of $1.60 and a P/E multiple of 25.
Alpha Inc. has 5 million shares outstanding. The stock is currently trading for $40 with an EPS of $1.60 and a P/E multiple of 25. The companys directors announce a 10% stock dividend.
The companys EPS after the stock dividend will be closest to:
|
| $1.76 |
|
| $1.45 |
|
| $1.36 |
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Multinational Finance
Authors: Kirt Butler
2nd Edition
0324004508, 978-0324004502
