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## Finance

 Basic Finance Corporate Finance Financial Management Financial Econometrics Portfolio Management Risk Management Public Finance Business Law & Ethics

In 2006, you purchased 125 shares of ABC stock for \$87.75 per share. Your intent is to hold this stock forever! Since then, the stock has split several times. In 2007, there was a 7-to-6 split; in 2008, a 6-to-5 split; in 2009, a 5-to-4 split; in 2010, a 4-to-3 split; in 2011, a 3-to-2 split and in 2012, a reverse split of 1-to-2. How many shares do you own in 2013? What's the cost of those shares in 2013? If ABC, pays an annual dividend of \$2.395, what is the amount of your dividend check?

Basic Finance, Finance

• Category:- Basic Finance
• Reference No.:- M943866

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