Question
Suppose you have 330 common shares of Carlisle Enterprises. The EPS is $3.30, the DPS is $1.14, and the stock sells for $60 per share.
Suppose you have 330 common shares of Carlisle Enterprises. The EPS is $3.30, the DPS is $1.14, and the stock sells for $60 per share. Now Carlisle announces a three-for-one split. Immediately after the split, what will be the adjusted EPS and DPS?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
