Question
FCF Co. has 19 comma 000 shares outstanding and a total market value of $ 1 million, $ 310 thousand of which is debt and
FCF Co. has 19 comma 000 shares outstanding and a total market value of $ 1 million, $ 310 thousand of which is debt and the other $ 690 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 comma 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 $nothing . (Round to the nearest cent.)
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