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Question 1 Use this information for question 1 - 3 : A company has no liabilities, and its total assets have a market value of

Question 1
Use this information for question 1-3:
A company has no liabilities, and its total assets have a market value of $185,280. The company has
just declared a total dividend of $32,110 to equity holders. The stock goes ex-dividend tomorrow. The
number of outstanding shares is 21,700. What is the share price before the dividend?
$5.77
$5.48
$8.54
$4.27
Question 2
A company has no liabilities, and its total assets have a market value of $185,280. The company has
just declared a total dividend of $32,110 to equity holders. The stock goes ex-dividend tomorrow. The
number of outstanding shares is 21,700. What is the Dividend per share?
$2.96
$1.48
$5.92
$8.54
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