Moving to another question will save this response. Question 2018 Question 2 3 points ABC Corp. currently has $26 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $16.7 and it has 23.3 millon shares outstanding. In addition, the market value of the company's debt is $19 million. Assuming perfect markets, what is the dividend per share that ABC will be able to pay with the excess cash? Round your answer to two decimals (do not include the 5-symbol in your answer) Activate Windows mwilion today. The project will provide benefits of $5 million each year in perpetuny, starting at the end of the first year. The applicable rate is fear). What is the NPV of this project? Express your rower in millions and round to two decals on include the symbol in your rer) Correct Answer: -20.57 Incorrect Answers (28.57) .-28,570,000 5-28.57 . $-28,570,000 5(28.57 Multiple This test allows attempts. This is attempt number 1 Attempts Force This test can be saved and resumed later, Completion Your answers are saved automatically Question Completion Status: 2 4 5 6 7 8 > Moving to another question will save this response Question of Jestion 3 S points ABC Corp. currently has 517 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $20.1 and it has 29.5 milion shares outstanding. In addition, the market value of the company's debt is 513 million. Assuming perfect markets, what will the share price of ABC be after it pays the dividend Round your answer to two decimals (do not include the 5-symbol in your answer) Your answers are saved automatically Question Completion Status: 2 3 5 6 7 Question of Moving to another question will save this response. Question 4 5 points XYZ Corp. currently has $25 million in excess cash that it plans on returning to its shareholders through a share repurchase.XYZ s current share price is 521 and is currency has 23.3 million shares outstanding. In addition, the market value of the company's debt is 59 million. Assuming perfect markets, how many shares will XYZ be able to repurchase the excess cash? Express your answer in millions and round your answer to two decimals. Activate Windows Completion Your answers are saved automatically. Question Completion Status: 5 2 7 8 Moving to another question will save this response Question of Question 5 5 points XYZ Corp.currently has $30 million in excess cash that it plans on returning to its shareholders through a share repurchase.XYZ's current share price is 521 and it currendy has 34.8 million shares outstanding. In addition, the market value of the company's debt is $9 million. Assuming perfect markets, what will XYZ share price be after it uses the excess cash to repurchase shares? Round your answer to two decimals (don't include the 5-symbol in your answer) An project requires an investment of 5100 million today. The project will provide benefits of $5 million each year in perpetuity, starting at the end of the first year. The applicable interest rate is 7% (ear). What is the NPV of this project? Express your answer in Smillions and round to two damals (do not indude the symbol in your answer Correct Answer: -28.57 Incorrect Answers . (28.57 -28,570,000 - 5-28.57 5-28,570,000 $(28.57 Multiple This test allows 2 attempts. This is attempt number 1. Attempts Force This test can be saved and resumed later. Completion Your answers are saved automatically Question Completion Status 2 3 6 7 8 Question of Moving to another question will save this response. Question 7 5 points ABC has just announced that is is planning to pay a dividend of $6.5 per share. Before the announcement the share price of ABC was 541.5. Assume that the screen capital garis 8, the tax rate on dividends is 21%. By how much will you expect the share price of ABC to change on the date. Round your answers to two decimals do not indude the symbolin your answer). If you expect a positive change (share price will increase enter a positive number. If you expect a negative change (share price will decine enter a negre number Activate Windows