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Alisiya [41]
4 years ago
6

Bowzer Co. has just received $2.7 million from the sale of one of its divisions. The company has 375,000 shares outstanding that

sell for $84.13 per share. If the company issues the entire proceeds from the sale as a special dividend, what will the ex-dividend stock price be
Business
1 answer:
Readme [11.4K]4 years ago
3 0

Answer:

$76.93 per share

Explanation:

The computation of ex-dividend stock price is shown below:-

Sale of division = $2,7,00,000

Outstanding shares = 375,000

Dividend per share = Sale of division ÷ Outstanding shares

= $2,7,00,000 ÷ 375,000

= $7.2

Stock price after dividend = Sold shares - Dividend per share

= $84.13 - $7.2

= $76.93 per share

Therefore for computing the stock price per dividend we simply subtract dividend per share from sold shares.

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A 13-year, 6 percent coupon bond pays interest semiannually. The bond has a face value of $1,000. What is the percentage change
Ierofanga [76]

Answer:

b. −1.79 percent

Explanation:

You can solve this using a financial calculator. I'm using TI BA II plus ;

First, find Price of the bond if YTM = 5.5%. Since it is semi-annual, adjust the YTM  and total duration;

N = 13*2 = 26

I/Y = 5.5%/2 = 2.75%

PMT = (6%/2)*1000 = 30

FV = 1,000

CPT PV = $1046.01

Next, find Price of the bond if YTM = 5.7%.

N = 13*2 = 26

I/Y = 5.7%/2 = 2.85%

PMT = (6%/2)*1000 = 30

FV = 1,000

CPT PV = $1027.28

Percentage change =[ (New price- Old price)/Old price] *100

=\frac{1027.28-1046.01}{1046.01} *100\\ \\ = -0.017906 *100

= -1.79%

6 0
3 years ago
Jessica's manager believes that Tres Tortillas can gain an advantage over competing Mexican restaurants in the area by capitaliz
Reil [10]

Answer:

What type of competitive growth strategy is Jessica's manager discussing?

c. product development

Explanation:

Most companies in business usually compete over the number of customers that they can gain over time, at times called the market share. The amount of market share a business has directly affects the sales and profit margins. The market share is a limited resource, therefor companies in business have to use various strategies to ensure that they have a proportional share of the market. A business that is just starting or that is relatively young, needs a growth strategy especially if there is an existing competition with a huge market share. Growth strategies are methods that small businesses can use to expand and develop thus increasing there market share. There are different strategies that could be used. Some examples are; market penetration, market expansion, product development and acquisition of other companies.

Let as consider product development as a competitive growth strategy. Product development involves all the steps towards developing a new product or re-branding the product to attract customers. The decision by Jessica's manager to utilize the firm's top-secret salsa recipe and packaging them into 16-ounce jars to sell at the restaurant to expand their market share is a form of product development strategy.

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3 years ago
Shelley has been hired as a marketing specialist at a large, international firm. On Shelley's first day of work, she attends an
irakobra [83]

Answer:

D) daily and weekly task requirements.

Explanation:

In this scenario, Shelley has been hired as a marketing specialist at a large, international firm. On Shelley's first day of work, she attends an orientation session.

In the orientation session, what new employees are most likely to be briefed or talked to about is the organizational structure, company policies and rules and compensation and reward system. In human resources management, it is important to get new employees acquainted with the essential informations, rules, regulations, and guidelines that exist in an organization.

<em>Hence, daily and weekly task is least likely to be addressed during Shelley's orientation program because she's not likely to commence her duties on the first day and her responsibilities or roles would be introduced to her by her functional or line manager. </em>

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3 years ago
The act of retaining or keeping something
Lilit [14]

retaining i think because the act of retaining something is to retain.

6 0
3 years ago
A(n. ________ provides most or all of the services needed to mount an advertising campaign.
Eduardwww [97]

A full-service agency offers most or all of the services required to launch a campaign, including as research, ad copy and art creation, media planning, and final message production.

<h3>How is a full-service advertising firm structured?</h3>

Regardless of size, all advertising businesses typically consist of three main divisions or parts: account services, creative teams, and media professionals. Even though they may go by different names in different organizations, these items typically have the same functions.

<h3>What benefits do full service agencies offer?</h3>

In order to support a company's short- and long-term goals, a full-service digital firm can scale its efforts up or down. As a firm grows, its goals may change. A full-service digital marketing agency may quickly adapt to move in the same direction as a company.

Learn more about full service agency: brainly.com/question/1358062

#SPJ4

3 0
2 years ago
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