Question
Fauver Enterprises declared a 2-for-1 stock split last year, and this year its dividend is $0.60 per share. This total dividend payout represents a 12%
Fauver Enterprises declared a 2-for-1 stock split last year, and this year its dividend is $0.60 per share. This total dividend payout represents a 12% increase over last year's pre-split total dividend payout. What was last year's dividend per share? Round your answer to the nearest cent.
$
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
