(Answered) Suppose that you own 2600 shares of nocash corp and the

Finance

Suppose that you own 2,600 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $120 per share.

a. What will be the number of shares that you hold after the stock dividend is paid?

b. What will be the total value of your equity position after the stock dividend is paid?

c. What will be the number of shares that you hold if the firm splits five for four instead of paying the stock dividend?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91872981
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

What do you think is the most important factor in

What do you think is the most important factor in developing a successful agile transformation? Why? What do you think are three most critical factors in a change management initiative? Why?

The enterprise value of kwok services is 550 million kwok

The enterprise value of Kwok Services is $550 million. Kwok has total debt of $90 million, cash and investments of $40 million, and 8 million outstanding shares. What is Kwok's value per share?

One of your clients wants a trust over which he can

One of your clients wants a trust over which he can exercise exclusive control over disposition of his assets to his children from a former marriage. Which of the following trusts apply? (1) bypass trust (2) power of app ...

Bond valuation relationships the 13-year 1000 par value

(Bond valuation? relationships) The 13?-year, ?$1,000 par value bonds of Waco Industries pay 8 percent interest annually. The market price of the bond is ?$1,085?, and the? market's required yield to maturity on a? compa ...

Sweatt strengths weaknesses excellence action threats and

SWEATT (Strengths, Weaknesses, Excellence, Action, Threats and Team) This model was developed by Dr. Russel Robertson to effectively implement culture change in an organization. How can the SWEATT model help organization ...

You purchase an investment which will pay you 750000 in 20

You purchase an investment which will pay you $750,000 in 20 years. At a rate of 7.50%, how much must you pay for this investment today (using monthly compounding)?

A credit unions rate-climber gic pays rates of 2 6 and 8

A credit union's Rate-Climber GIC pays rates of 2%, 6%, and 8% compounded semiannually in successive years of a three-year term. How much interest will be earned in the second year, if $18,000 is invested in this GIC?

A firm has total assets of 592395 current assets of 186859

A firm has total assets of $592395, current assets of $186859, current liabilities of $143545, and total debt of $210421. What is the debt-equity ratio? Round your answer to two decimal places.

Gracchus inc stock is selling for 4181 a share based on a

Gracchus, Inc. stock is selling for $41.81 a share based on a 8.2 percent rate of return. What is the amount of the next annual dividend if the dividends are increasing by 3.8 percent annually?

Fake company lambda just paid a large dividend to common

Fake Company Lambda just paid a large dividend to common shareholders of $1.24. Company executives also announced a plan to keep the dividend growing at 3.5% for the foreseeable future. If your required return on equity ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert