Question
CJC corp is heavily levered. Using options theory, it is estimated that a $1.00 per share drop in assets would cause an $0.80 drop in
CJC corp is heavily levered. Using options theory, it is estimated that a $1.00 per share drop in assets would cause an $0.80 drop in the stock price
CJC's stock price before the dividend is paid is $10. Using options theory, if CJC pays a dividend of $0.50 per share, what is your best estimate of the stock price after it goes ex-dividend?
A. $9.10
B. $9.50
C. $9.60
D. $10.00
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Sports Finance And Management Real Estate Media And The New Business Of Sport
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak
2nd Edition
1138341819, 9781138341814
