Parcel be after the stock dividend goes into effect

Assignment Help Financial Management
Reference no: EM131892664

US Parcel Inc has 6600 shares of stock outstanding and a current stock price of $16.00 per share. The company has no debt. The company is currently short on cash and announces that instead of a cash dividend they will pay the following stock dividend to all shareholders: one new share of stock for each 9 shares held. What will the new price per share if US Parcel be after the stock dividend goes into effect.

Reference no: EM131892664

Questions Cloud

Assume that the risk-free rate and beta remain unchanged : what would happen to the stock's required rate of return? Assume that the risk-free rate and the beta remain unchanged.
Describe aim and scope supported by research : Describe aim and scope supported by research. How campaign is beneficial to its target audience. Describe product's benefits to audience supported by research.
Adminstrator about accountability in their school district : What questions can an auditor ask a business adminstrator about accountability in their school district?
What is the theory of corporate social responsibility : What is the THEORY of Corporate Social Responsibility (CSR)? And how to APPLY to Marketing Management
Parcel be after the stock dividend goes into effect : What will the new price per share if US Parcel be after the stock dividend goes into effect.
Creatures of habit and like routines : Generally, we are creatures of habit and like routines. Disruption then makes us very uncomfortable. At the same time, disruption
Environmental and competitive analysis assignment : BUSN119-821 - Environmental and Competitive Analysis Assignment - Conduct a PESTLE (political, economic, socio-cultural, technological, legal and environmental
Discuss the gap between rich and poor people in china : Discuss the gap between rich and poor people in China and Literature with a political purpose vs. literature for its own sake.
Considering investing in apartment complex : Lin Land Ltd. (LLL) is considering investing in an apartment complex. should LLL go ahead and purchase the apartment complex?

Reviews

Write a Review

Financial Management Questions & Answers

  Prepare pro-forma income statements for the three years

Your company, Home Maintenance, Inc., has decided to expand into lawn care. The expansion will involve the purchase of a truck, trailer, mowers, edgers and other miscellaneous equipment costing approximately $70,000. This equipment will have no salva..

  What rate of money growth mexican government try to achieve

If the quantity theory of money holds with a constant k, and if Mexican real output is growing 6 percent per year, what rate of money growth should the Mexican government try to achieve?

  Key part of volume-cost-analysis

One of the following statements about the DuPont model is incorrect: It is a key part of volume-cost-analysis

  Coupon bonds-what is the current yield on the bonds

Bourdon Software has 9.2 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 107.4 percent of par. What is the current yield on the bonds?

  Describe risk requires reward

Describe risk requires a reward, Market prices are generally right and Conflicts of interest cause agency problems

  What is the projected dividend for the coming year

Momsen Corp. is experiencing rapid growth. What is the projected dividend for the coming year?

  Tasked with evaluating two independent projects

You have been tasked with evaluating two independent projects: a three-year lathe for the shop and a six-year machine press. Are the two estimates equally reliable? Why or why not?

  The zero lower bound on short term interest rates

The zero lower bound on short term interest rates is not a problem,

  Invest in portfolio containing stock-risk-free asset

You have $104,000 to invest in a portfolio containing Stock X, Stock Y, and a risk-free asset. how much money will you invest in Stock Y?

  Interest payable can be treated like an account payable

Your multinational corporation has net inflows (e.g. Accounts Receivable) of $1 million from Germany. In addition, your company financed the operations through a Swiss bank, such that you owe $1.1 million to pay off the loan in Switzerland (this Note..

  Franklin mints management can expect on this project

Management of Franklin Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $273,491. They project that the cash flows from this investment will be $114,220 for the next seven years. If the appropriate discoun..

  Why a central bank may wish to weaken value of its currency

Briefly explain why a central bank may wish to weaken the value of its currency. Explain why it would be difficult to maintain a fixed exchange rate between the euro and the dollar.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd