Question
HI how do I 'm looking at the linear tech case and trying to understand if linear were to pay out its entire cash balance
HI
how do I 'm looking at the linear tech case and trying to understand if linear were to pay out its entire cash balance as a special dividend , what is the effect on value / share price/ earnings / price per share and the same parameters if it did a share repurchase. they tell me to assume a 3% interest rate. I don't understand where the interest rate comes into play?
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
