Question
Problem 14-4 Stock split After a 4-for-1 stock split, Tyler Company paid a dividend of $1.7 per new share, which represents a 12% increase over
Problem 14-4 Stock split
After a 4-for-1 stock split, Tyler Company paid a dividend of $1.7 per new share, which represents a 12% increase over last year's pre-split dividend. What was last year's dividend per share? Round your answer to the nearest cent.
Answer: $ ____________
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Financial Management
Authors: Rob Quail, Ricardo J. Rodriguez
2nd Edition
1557868441, 9781557868442
