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Question 2) ABC Corp. currently has $14 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current

Question 2) ABC Corp. currently has $14 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $22.1 and it has 30.7 million shares outstanding. In addition, the market value of the company's debt is $12 million. Assuming perfect markets, what is the dividend per share that ABC will be able to pay with the excess cash? Round your answer to two decimals (do not include the $-symbol in your answer)

Question 3) ABC Corp. currently has $44 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $18.8 and it has 33.5 million shares outstanding. In addition, the market value of the company's debt is $11 million. Assuming perfect markets, what will the share price of ABC be after it pays the dividend? Round your answer to two decimals (do not include the $-symbol in your answer)

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Question 2 5 points Save Answer ABC Corp. currently has $14 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $22.1 and it has 30.7 million shares outstanding. In addition, the market value of the company's debt is $12 million. Assuming perfect markets, what is the dividend per share that ABC will be able to pay with the excess cash? Round your answer to two decimals (do not include the $-symbol in your answer) Question 3 5 points Save Answer ABC Corp. currently has $44 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $18.8 and it has 33.5 million shares outstanding. In addition, the market value of the company's debt is $11 million. Assuming perfect markets, what will the share price of ABC be after it pays the dividend? Round your answer to two decimals (do not include the $-symbol in your answer)

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