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FCF Co. has 15,000 shares outstanding and a total market value of $1 million, $270 thousand of which is debt and the other $730 thousand
FCF Co. has 15,000 shares outstanding and a total market value of $1 million, $270 thousand of which is debt and the other $730 thousand is equity. It is planning a 10% stock dividend. a. What is the stock price before the dividend, and what will it be after the dividend? b. If an investor owns 1,000 shares before the dividend, what will be the total value of her investment in FCF before and after the dividend? a. What is the stock price before the dividend and what will it be after the dividend? The stock price before the dividend is $ (Round to the nearest cent.) The stock price after the dividend is $ (Round to the nearest cent.) b. If an investor owns 1,000 shares before the dividend, what will be the total value of her investment in FCF before and after the dividend? The total value of her investment before the dividend is $ (Round to the nearest dollar.) The total value of her investment after the dividend is $ (Round to the nearest dollar.)
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