Emergency Medical's stock trades at $75 a share. The company is contemplating a 3-for-1 stock split....
Emergency Medical's stock trades at $75 a share. The company is contemplating a 3-for-1 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? Round your answer to the nearest cent.
$
Homework Answers
After the split;number of shares will increase and stock price decrease.
Hence stock price after the split=($75/3)
which is equal to
=$25
Add Answer to:
Emergency Medical's stock trades at $75 a share. The company is
contemplating a 3-for-1 stock split....
Emergency Medical's stock trades at $115 a share. The company is contemplating a 3-for-1 stock split....
Emergency Medical's stock trades at $115 a share. The company is contemplating a 3-for-1 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? Round your answer to the nearest cent. $
stock split 34-2 STOCK SPLIT Emergency Medical's stock trades at $145 a share. The company is...
stock split
34-2 STOCK SPLIT Emergency Medical's stock trades at $145 a share. The company is con- templating a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? income of $3 800 000 and it has
Stock Split JPix management is considering a stock split. JPix currently sells for $96 per share...
Stock Split JPix management is considering a stock split. JPix currently sells for $96 per share and a 3-for-2 stock split is contemplated. What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity? Round your answer to the nearest dollar. $
JPix management is considering a stock split. JPix currently sells for $102 per share and a...
JPix management is considering a stock split. JPix currently sells for $102 per share and a 3-for-1 stock split is contemplated. What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity? Round your answer to the nearest dollar.
A company recently completed a 5-for-3 stock split. Prior to the split, its stock sold for...
A company recently completed a 5-for-3 stock split. Prior to the split, its stock sold for $155 per share. If the total market value was unchanged by the split, what was the price of the stock following the split? 81 75 93 87 69
The company with the common equity accounts shown here has declared a 4-for-one stock split when...
The company with the common equity accounts shown here has
declared a 4-for-one stock split when the market value of its stock
is $33 per share. The firm�s 80-cent per share cash dividend on the
new (post split) shares represents an
increase of 25 percent over last year�s dividend on the presplit
stock.
The company with the common equity accounts shown here has declared a 4-for-one stock split when the market value of its stock is $33 per share. The...
3. Jarett & Sons's common stock currently trades at $28.00 a share. It is expected to...
3. Jarett & Sons's common stock currently trades at $28.00 a share. It is expected to pay an annual dividend of $2.25 a share at the end of the year (D1 = $2.25), and the constant growth rate is 7% a year. What is the company's cost of common equity if all of its equity comes from retained earnings? Do not round intermediate calculations. Round your answer to two decimal places. % If the company issued new stock, it would...
Gamma Industries has net income of $700,000, and it has 465,000 shares of common stock outstanding. The company's stock...
Gamma Industries has net income of $700,000, and it has 465,000 shares of common stock outstanding. The company's stock currently trades at $71 a share. Gamma is considering a plan in which it will use available cash to repurchase 30% of its shares in the open market at the current $71 stock price. The repurchase is expected to have no effect on net income or the company's P/E ratio. What will be its stock price following the stock repurchase? Do...
A company has just announced a 3-for-1 stock split, effective immediately. Prior to the split, the...
A company has just announced a 3-for-1 stock split, effective immediately. Prior to the split, the company had a market value of $4 billion with $100 million shares outstanding. Suppose the split conveys no new information about the company. Answer the following questions indicating how you arrived at your answer in each case. a) What is the value of the company? b) What is the number of shares outstanding? c) What is the price per share after the split?...
Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc., is exploring...
Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc., is exploring ways to expand the number of shares outstanding in an effort to reduce the market price per share to a level that the firm considers more appealing to investors. The options under consideration are a 20% stock dividend and, alternatively, a 5-for-4 stock split. At the present time, the firm's equity account and other per-share information are given as follows: a. Show the effect...
stock split
34-2 STOCK SPLIT Emergency Medical's stock trades at $145 a share. The company is con- templating a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? income of $3 800 000 and it has
The company with the common equity accounts shown here has
declared a 4-for-one stock split when the market value of its stock
is $33 per share. The firm�s 80-cent per share cash dividend on the
new (post split) shares represents an
increase of 25 percent over last year�s dividend on the presplit
stock.
The company with the common equity accounts shown here has declared a 4-for-one stock split when the market value of its stock is $33 per share. The...
Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc., is exploring ways to expand the number of shares outstanding in an effort to reduce the market price per share to a level that the firm considers more appealing to investors. The options under consideration are a 20% stock dividend and, alternatively, a 5-for-4 stock split. At the present time, the firm's equity account and other per-share information are given as follows: a. Show the effect...
Most questions answered within 3 hours.
-
1) Consider the hypotheses shown below. Given that x bar =113, σ
= 25, n=49, α=0.01,...
asked 51 seconds ago -
Suppose a company receives a windfall of cash. What factors should
the board of directors consider...
asked 1 minute ago -
a. John has started to climb a steep flight of stairs, and
keeps climbing, and (phew!)...
asked 9 minutes ago -
Genetic
QUESTIONS FOR RESEARCH AND DISCUSSION
1. Discuss how incomplete penetrance, variable expressivity,
pleiotropy, and genetic...
asked 15 minutes ago -
Use R statistical software for the following:
A random sample of 172 women were given the...
asked 18 minutes ago -
A school is looking to work with another company to install
off-shore wind turbines in Ohio...
asked 17 minutes ago -
Please describe the key principle of the contiguous memory
allocation method. What are the hardware support...
asked 18 minutes ago -
Discuss what we know about the relationship between 1 serotonin
turnover and 2 serotonin breakdown with...
asked 28 minutes ago -
(JAVA) Develop pseudocode for the search operation in
linear probing.
Write pseudocode similar to Snippet 3.3,...
asked 32 minutes ago -
A study indicates that 90% of American teenagers have tattoos.
You randomly sample 10 teenagers. Find...
asked 46 minutes ago -
The Kaof HCN is 4.9 x 10-10
You combine the following solutions:
i.
250 mL of...
asked 55 minutes ago -
Consider the following description:
"University consists of a number of schools. Each school offers
several distinct...
asked 1 hour ago