Question
Sues Cookies, Inc., has declared a dividend of $1.80 per share for the shareholders of record as of Thursday, April 1st. The firm has 550,000
Sues Cookies, Inc., has declared a dividend of $1.80 per share for the shareholders of record as of Thursday, April 1st. The firm has 550,000 shares outstanding and will pay the dividend on April 30th. How much cash will be needed to pay the dividend?
(Round to the nearest dollar and do not enter a dollar sign)
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
