Question
Please answer all questions. I will leave a thumbs up. Thanks 1.The market value of equity for ABC Stores is $580781. The market price per
Please answer all questions. I will leave a thumbs up. Thanks
1.The market value of equity for ABC Stores is $580781. The market price per share is $30.2. Assume that the firm pays a cash dividend with a total value of $30673. Everything else remaining same, after the ex-dividend date, what will be the new market price per share?
Round off your answer to tw decimal points. Do not enter $ or comma in the answer box.
2. ABC Corporation has 79416 shares outstanding, each selling for $55.1 per share. The earnings per share (EPS) are $1.24. The company has decided to repurchase $521709 worth of shares. What will be the new Price/Earnings Ratio (P/E) after the repurchase?
3. ABC Corporation currently has 21235 shares outstanding that sell for $28.1 per share. Assuming no market imperfections or tax effects exist, what will the new number of shares outstanding be after ABC has a 53% stock dividend?
Enter your answer rounded off to two decimal points.
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