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Question 2 (6 Marks) Floro Corporation has 8,000,000 shares outstanding with a Market price of K3 per share. The company's' board of directors have decided
Question 2 (6 Marks) Floro Corporation has 8,000,000 shares outstanding with a Market price of K3 per share. The company's' board of directors have decided to pay 60% of its last net earnings of k20,0000,0000 either as a cash dividend of stock repurchase. What are the effects on the corporation's Price Earnings of i. ii. Cash dividend Stock repurchase Question 2 (6 Marks) Floro Corporation has 8,000,000 shares outstanding with a Market price of K3 per share. The company's' board of directors have decided to pay 60% of its last net earnings of k20,0000,0000 either as a cash dividend of stock repurchase. What are the effects on the corporation's Price Earnings of i. ii. Cash dividend Stock repurchase
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