Question
NNE Company declared a 5-for-3 stock split last year, and this year its dividend is $3 per share. This total dividend payout represents a 5%
NNE Company declared a 5-for-3 stock split last year, and this year its dividend is $3 per share. This total dividend payout represents a 5% increase over last year's pre-split total dividend payout. What was last year's dividend per share? Select one: a. $3.751 b. $4.101 c. $4.762 d. $5.443 e. $5.221
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Valuation Workbook
Authors: Tim Koller, Marc Goedhart, David Wessels, Jeffrey P. Lessard, McKinsey & Company
4th Edition
0471702161, 978-0471702160
