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Question 46 Not yet answered Rory is the CFO of Mcilroy Golf Designs Inc. MGDI earned $13 million last year and maintains a 30% dividend

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Question 46 Not yet answered Rory is the CFO of Mcilroy Golf Designs Inc. MGDI earned $13 million last year and maintains a 30% dividend payout ratio. The company has 2 million shares of common stock outstanding and a P/E ratio of 12. What is the price per share of MGDI's stock? Points out of 1 P Flag question Select one: O A. $72.00 O B. $75.00 O C. $78.00 O D. $81.00 eston 47 A stock dividend will ot yet swered ints out of 1 Flag question Select one: O A. increase the total value of stockholders' equity. O B. result in an inevitable increase in the stock's market value O C. decrease the amount of cash available to the corporation. O D. increase shareholder value if the dividend remains constant. Stockholders may prefer dividends instead of reinvested earnings by the firm because stion 48 yet vered ts out of 1 ag question Select one: O A. dividends may resolve some uncertainty. O B. dividend payments have information content O C. investors may prefer current cash to future cash. O D. all of the above

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