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Kipish [7]
3 years ago
9

JPix management is considering a stock split. JPix currently sells for $70 per share and a 3-for-1 stock split is contemplated.

What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity
Business
1 answer:
Vlad [161]3 years ago
8 0

Answer:

$23

Explanation:

Calculation to determine What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity

P0=70, Split = 3 for 1, New P0?

P0 new= $70/(3/1)

P0 new=$70/3

P0 new= $23

Therefore What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity is $23

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Computers

Explanation:

They use computers these days.

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a corporate team building event costs2 plus an additional $1 per attendee. How many attendees can there be at most if the budget
Arlecino [84]
Since the equation would be:
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Tell me if this helps by marking the answer, thank you!!
3 0
3 years ago
Investors require an after-tax rate of return of 10% on their stock investments. Assume that the tax rate on dividends is 30% wh
IgorC [24]

Answer:

a. $28.5

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Explanation:

a. let current price = p

p*1.10 = 2(1-0.3)+30

= 1.4+30/1.10

= 31.4/1.10

= 28.5

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b. (30+2 /28.5)-1

= 32/28.5 - 1

= 0.1228

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c. 3(1-0.3)+30 / 1.10

= 3*0.7+30/1.10

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= (3$ + 30-29.18)/29.18

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it is now higher here given that given that a greater dividend causes more tax burden.

6 0
3 years ago
Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.
wolverine [178]

Answer:

$7.04

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Also that the resources will be restricted in some or other manner, its price will increase accordingly the cost of producing such article would also increase.

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