Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

On August 31st, a corporation's share price was $207. On the 10th of September, the corporation had a 5:1 split and on the 15th it

On August 31st, a corporation's share price was $207. On the 10th of September, the corporation had a 5:1 split and on the 15th it paid $1 dividends per share. Given that the share price on September 30th was $57, how much return did this corporation earn to its equity investors in September?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

65. A friend of ours takes the bus ve days per week to her job. The ve waiting times until she can board the bus are a random sample from a uniform distribution on the interval from 0 to 10 min. a....

Answered: 1 week ago

Question

★★★★★

Consider the hypothetical population below, with population values: a. Find the values of the population quantities tx, ty, Sx, Sy, R, and B. b. Construct a table like that in Table 4.2, giving the...

Answered: 1 week ago

Question

★★★★★

Pharoah Co. is planning on investing in a new 2 -year project, Project Jelly. Project Jelly is expected to produce cash flows of $90000 and $115000 in year 1 and year 2 , respectively. Pharoah...

Answered: 1 week ago

Question

★★★★★

Economy Good Fair Bad ABC Corporation made the following projections on its sales in the coming year, 2003: Projected units sold Required: Q1 74,000 50,000 40,000 Q2 92,000 80,000 50,000 Q3 80.000...

Answered: 1 week ago

Question

★★★★★

Three Company uses a process organized into two service or support departments (Support 1 and Support 2) and two producing departments (Production 1 and Production 2).Budgeted data for the four...

Answered: 1 week ago

Question

★★★★★

Assume that the differences are normally distributed. Complete parts (a) through (d) below. Observation 1 2 3 4 5 6 7 8 X 46.7 46.8 48.7 43.9 47.5 48.1 44.8 48.3 50.9 47.9 51.6 48.3 47.3 51.2 45.9...

Answered: 1 week ago

Question

★★★★★

this is kimon and he designed a new range of sneakers that are made from recyclable materials such as plastic and rubber. he also made sure that the sole is as comfortable as possible and that these...

Answered: 1 week ago

Question

★★★★★

I'm confused by the pictures here Residential Fire Damage Claims, 2010-2020 14,000 12.000 10,000 8,000 Thousands of Dollars 6,000 - 4.000 2,000 2010 2015 2020 Source: Insurance company records ()...

Answered: 1 week ago

Question

★★★★★

5. Suppose that you get the following regression result from a sample of 277 observations: = 4.57 +0.188x1 - 0.22x2 + 0.171x3 0.92x4 (0.25) (0.040) (0.21) (0.055) (0.33) R = 0.353 The numbers in the...

Answered: 1 week ago

Previous Question Next Question