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Puestion 15 Jot yet nswered Wyatt Oil has assets with a market value of $600 million, $68 million of which are cash. It has debt
Puestion 15 Jot yet nswered Wyatt Oil has assets with a market value of $600 million, $68 million of which are cash. It has debt of $250 million, and 20 million shares outstanding. Assume perfect capital markets. If Wyatt Oil distributes the $68 million as a dividend, then its stock price after the dividend will be closest to: Marked out of 2.00 Flag question Select one: a. $12.50 b. $14.10 c. $26.60 d. $17.50
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