What will the market price per share be after the split
Course:- Finance Basics
Reference No.:- EM13263734

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Finance Basics

The Peanut Shack has 6,5000 shares of stock outstanding with a par value of $1 per share. The current market value of the firm is $145,600. The company just announced a 3-for-2 stock split. What will the market price per share be after the split?



Put your comment

Ask Question & Get Answers from Experts
Browse some more (Finance Basics) Materials
Abbreviated financial statements for Archimides Levers. If sales increase by 10% in 2011 and all other items, including debt, increase correspondingly, what must be the ball
A firm has $300 in inventory, $600 in fixed assets, $200 in accounts receivable, $100 in accounts payable, and $50 in cash. What is the amount of current assets?
Ross Times, the student newspaper of Ross College, printed a "What do you think?" column feature discussing the parking situation on campus. To gather student opinion on par
A machine costs $10,000, has an estimated life of 10 years and a scrap value of $1500. Assuming no inflation and an interest rate of 4%, what uniform annual amount must be i
Rockne, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $993.46 today and your required rate of return was 7.
Interest rates, the cost of money, influence most all factors related to personal and corporate capital budgeting. The more obvious personal information for the cost of mone
Compute the present value of a perpetuity that pays $ 9,754 annually given a required rate of return of 15 percent per annum.(Round your answer to 2 decimal places; record y
Compute the payoffs for each company's offer at each level of demand. Set up a payoff table indicating decision alternatives and states of nature, together with the amount th