Shares in Growth Corporation are selling for $45 per share. There are 13 million shares outstanding....
Shares in Growth Corporation are selling for $45 per share. There are 13 million shares outstanding. The stock pays a 25 percent stock dividend. After the dividend: How many shares will be outstanding? What will be the price per share?
Please state your answer in millions and to 2 decimal places.
Outstanding shares = million
Price per share =
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Shares in Growth Corporation are selling for $45 per share.
There are 13 million shares outstanding....
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following questions are separate from each
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a. If the marginal principle of retained earnings
is applied, how much in total cash dividends will be paid over the
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Total cash dividends in Millions:_____________________
b. If the firm simply uses a payout ratio of 30
percent of net income, how much in total cash dividends will be
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