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please solve it fast with all requirements please there is only two questions please please do both i have no time to palost it again
please solve it fast with all requirements
please there is only two questions please please do both i have no time to palost it again and again i have just one hour
Ginger, Inc., has declared a $5.30 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 20 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $93.95 per share, and the stock is about to go ex dividend. What do you think the ex-dividend price will be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) k Ex-dividend price 2 Simmons Mineral Operations, Inc., (SMO) currently has 500,000 shares of stock outstanding that sell for $70 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: 10 points a. SMO has a four-for-three stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook New share price 000 Hint Print b. SMO has a 15 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References New share price C. SMO has a 41.5 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New share price d. SMO has a four-for-seven reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New share price e. Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) a. New shares outstanding b. New shares outstanding C. New shares outstanding d. New shares outstandingStep by Step Solution
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