Question
Price/Share Shares Outstanding Stock X Y Z X Y Z 01-Aug $ 20.00 $ 30.00 $ 50.00 1000 2000 1000 02-Aug $ 35.00 $ 52.00
Price/Share Shares Outstanding Stock X Y Z X Y Z 01-Aug $ 20.00 $ 30.00 $ 50.00 1000 2000 1000 02-Aug $ 35.00 $ 52.00 $ 35.00 1000 2000 2000 03-Aug $ 40.00 $ 31.00 $ 35.00 1000 2000 2000 04-Aug $ 15.00 $ 35.00 $ 33.00 3000 2000 2000
*2:1 Split on Stock Z after Close on Augu. 01
**3:1 Split on Stock X after Close on Augu 03
The base date for index calculations is Augu 01
Refer to the exhibit above. What is the divisor at the beginning of August 03th?
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HSBA Handbook On Ship Finance
Authors: Schinas
2015th Edition
3662434091, 978-3662434093
