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Quantitative Problem: After a 4 -for-1 stock split, Perry Enterprises paid a dividend of $1.30 per new share, which represents a 8% increase over last
Quantitative Problem: After a 4 -for-1 stock split, Perry Enterprises paid a dividend of $1.30 per new share, which represents a 8% increase over last year's pre-split dividend. What was last year's dividend per share? Round your answer to the nearest cent. $ Step by Step Solution
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Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
