Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can someone help with this please Shares custanding =100,000 Price per share =$1,00,000+100,000=$11 Pockes wins a lawsunt and is paid $250.000 in cash. The market

Can someone help with this please
image text in transcribed
Shares custanding =100,000 Price per share =$1,00,000+100,000=$11 Pockes wins a lawsunt and is paid $250.000 in cash. The market value of the equity rises by that amount, and Pocket decides to make a one-olf payout of $150 per share a. What will be Pocket's stock price after the payout ir the payout comes as a cash dividend? b. What wil be Pockets stock price after the payout if the payout comes as a share repurchase? Note: For oll requirements, do not round intermediote colculotions. Round your answers to 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Derivative Investments An Introduction To Structured Products

Authors: Richard D. Bateson

1st Edition

1848167113, 9781848167117

More Books

Students also viewed these Finance questions