Saguaro company currently has 30000 shares outstanding each, Ask an Expert

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Saguaro Company currently has 30,000 shares outstanding. Each share has a market value of $27. If the firm pays $2 per share in dividends:

What will the new total market value be after the dividend payment?

Part A. The new total market value after the dividend payment will be $

What will be the price per share?

Part B. Price per share $

Please include the formula and steps as clear as possible. and also please put the final answer for both parts in bold

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91795199

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