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The following data apply to Grullon-Ikenberry Inc. (GII): Value of operations $1,000 Short-term investments $ 100 Debt $ 300 Number of shares 100 The company
The following data apply to Grullon-Ikenberry Inc. (GII): Value of operations $1,000 Short-term investments $ 100 Debt $ 300 Number of shares 100 The company plans on distributing $50 million as dividend payments. What will the intrinsic per share stock price be immediately after the distribution? Answer $6.32 $6.65 $7.00 $7.35 $7.72
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Public School Finance Decoded
Authors: Jay C. Toland
1st Edition
1475827679, 978-1475827675
