Question
Quantitative Problem: After a 4-for-1 stock split, Perry Enterprises paid a dividend of $1.50 per new share, which represents a 4% increase over last year's
Quantitative Problem: After a 4-for-1 stock split, Perry Enterprises paid a dividend of $1.50 per new share, which represents a 4% increase over last year's pre-split dividend. What was last year's dividend per share? Round your answer to the nearest cent.
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
