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Vanshika and Hashem Investment Firm is an unlevered corporation which has $ 2 5 0 million of excess cash and 1 0 0 million shares
Vanshika and Hashem Investment Firm is an unlevered corporation which has $ million of excess cash and million shares outstanding with a current market price of $ per share. The board of directors of Vanshika and Hashem Investment Firm has declared a special dividend of $ million.
A Calculate the exdividend price of a share in Vanshika and Hashem Investment Firm.
B If the board had decided to use the cash to do a "onetime" share repurchase, what would be the price of the shares once the repurchase is completed?
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