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Problem 4 Intro Google has 330 milion shares outstanding and the following market value balance sheet (in S billion) Assets Liabilities & Equity Current assets

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Problem 4 Intro Google has 330 milion shares outstanding and the following market value balance sheet (in S billion) Assets Liabilities & Equity Current assets 60 Current liablities Fixed assets 30 Equity 14 76 Assume perfect capital markets (ignore taxes and signalling effects) B Attempt 1/10 for 10 pts. Part 1 What is the current stock price? 0 decimals Submit Part 2 Attempt 1/10 for 10 pts Google just decided to pay out $16 billion in dividends What is the dividend per share? 1. decimals Submit Attempt 1/10 for 10 pts. Part 3 The ex dividend date is tomorrow. What opening stock price do you expect on the ex-dividend dato? Assume perfect capital markets O decimals Submit Part 4 Attempt 1/10 for 10 pts If Google decided to spend 516 billion on buying back its own shares instead of paying dividends, what would be the stock price? 0decimals Submit

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