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Global Traders has common stock outstanding at a market price of $46 per share. The total market value of equity is $5,754,600. The firm plans
Global Traders has common stock outstanding at a market price of $46 per share. The total market value of equity is $5,754,600. The firm plans on liquidating one of its divisions for $620,000 in cash, after taxes, and distributing the proceeds to the shareholders in the form of a special dividends. What will be the amount per share of that dividend?
A $5.197 |
B | $4.708 |
C | $4.956 |
D | $4.620 |
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