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please solve this, cant find solved answer on chegg The balance sheet for the IE Corp. is shown here in market value terms. There are

please solve this, cant find solved answer on chegg image text in transcribed

The balance sheet for the IE Corp. is shown here in market value terms. There are 10,300 shares of stock outstanding.

Market Value Balance Sheet

Cash

Fixed Assets

Total

* 527.700

$137.100

$164,800

Equity $164,800

Total

$164.800

The company has declared a dividend of $1.6 per share. The stock goes ex-dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? After the dividend, what will be the value of shares and of cash for an investor with 90 shares? Enter your answers rounded to 2 DECIMAL PLACES.

What is the stock selling for today?

Correct response: 160.01

What will the stock sell for tomorrow?

Correct response: 14.410.01

What will be the value of the investor's shares after the stock dividend?

Correct response: 1,296$0.01

What will be the value of the investor's cash after the dividend?

Correct response: 144$0.01

Click "Verity" to proceed lif the next part of the question. Nole: This question has 3 parts, so you will be clicking

Verify 3 times.

Suppose that I Corp. has announced it is going to repurchase stock instead of paying out dividends. What effect will the repurchase have on an investor who currently holds 90 shares and sells 9 of those shares back to the company in the repurchase at the market price per share of $16 (i.e., what are the values of the investor's shares and cash)?

Enter your answers rounded to 2 DECIMAL PLACES.

What will be the value of the investor's shares after the share repurchase?

Correct response: 1,296*0.01

What will be the value of the investor's cash after the share repurchase?

Correct response: 14410.01

Click Verify to proceed to the next part of the question

Suppose the company changes its mind and decides to issue a 14% stock dividend instead of issuing a cash dividend or a repurchase. How would this action aflect a shareholder who owns 90 shares of the stock? Enter your answers rounded to 2 DECIMAL. PLACES. How many shares will the firm have after the stock dividend? What will be the price per share atter the stock dividend? What will be the value of the investor's shares after the stock dividend? What will be the value of the investor's cash after the stock dividend? Click "Vorily" to proceed. Section Attempt 1 of 1

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