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Remaining Time: 1 hour, 28 minutes, 25 seconds. * Question Completion Status: Moving to the next question prevents changes to this answer. Question 7

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Remaining Time: 1 hour, 28 minutes, 25 seconds. * Question Completion Status: Moving to the next question prevents changes to this answer. Question 7 Question 7 of 6 2 points Save Answer A firm has a market value equal to its book value. Currently, the firm has excess cash of R500 000 and other assets of R9 500 000. Equity is worth R10 000 000. The firm has 250 000 shares outstanding and net income of R1 400 000. What will the share price per share be if the firm pays out its excess cash as a cash dividend? O R38 42 O R40 O R36 Moving to the next question prevents changes to this answer. hp Question 7 of 60 ENG INTL 2021/02

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