What will be the amount per share of that dividend

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1. Global Traders has common stock outstanding at a market price of $46 per share. The total market value of equity is $5,754,600. The firm plans on liquidating one of its divisions for $620,000 in cash, after taxes, and distributing the proceeds to the shareholders in the form of a special dividends. What will be the amount per share of that dividend?

A. $5.197

B. $4.708

C. $4.956

D. $4.620

2. What is the present value of a five period ordinary annuity of 3,000 at a 12 percent annual rate of interest is 10,814.33? by how much would the present value change if it were an annuity due?

a. -$1298

b. $1143

c. $1298

d. $-1143

Reference no: EM131933857

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