Question
Question 1 ACME INC has decided on a 25% stock dividend. If the firm currently has 800,000 shares outstanding, how many shares will be outstanding
Question 1
ACME INC has decided on a 25% stock dividend. If the firm currently has 800,000 shares outstanding, how many shares will be outstanding after the stock split?
Question 2
Jameis owns 100 shares of ACME Inc. the firm has a quarterly dividend policy of $0.50 per share or the option to reinvest the cash dividends into additional shares of company stock. If the stock is selling for $108.00 per share ex-dividend, how many shares of stock will Jameis receive in the next dividend period if he chooses the dividend reinvestment plan?
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A Study In Public Finance
Authors: A. C. Pigou
1st Edition
1443722766, 978-1443722766
