Question
Your firm has 25,000 shares of common stock outstanding. Your balance sheet follows: Cash 600,000 debt 750,000 Fixed assets 3,600,000 Equity 3,450,000 Your firm has
Your firm has 25,000 shares of common stock outstanding. Your balance sheet follows:
Cash 600,000 debt 750,000
Fixed assets 3,600,000 Equity 3,450,000
Your firm has declared a 60% stock dividend, and the stock goes ex-dividend tomorrow. Ignore any tax effects.
What will be the stock price tomorrow?
Question 20 5 pts Your firm has 25,000 shares of common stock outstanding. Your balance sheet follows: Cash 600,000 debt 750,000 Fixed assets 3,600,000 Equity ty 3,450,000 Your firm has declared a 60% stock dividend, and the stock goes ex-dividend tomorrow. Ignore any tax effects. What will be the stock price tomorrow? $282 $168 $144 $86.25 $138Step by Step Solution
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Financial Instability Toolkit For Interpreting Boom And Bust Cycles
Authors: V. D'Apice, G. Ferri
1st Edition
023024811X, 9780230248113
