User Account

All Pages

What will the market price per share be after the split

Assignment Help Finance Basics
Reference no: EM13263991

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?

a. $28.20
b. $12.14
c. $14.93
d. $36.40

 

Reference no: EM13263991

Questions Cloud

What must the beta be for the other stock : You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.14 and the total portfolio is equally as risky as the market, what must the beta be for the other stock in your portfolio?
What would the number of complaints at the end : how many complaints would there be by category at the end of that time period? And c) What would the number of complaints at the end of 2 years represent on a percentage basis?
What is the effectve after tax interest rate expense : A firm incurs $70,000 in interest expenses each year. If the tax rate of the firm is 20%, what is the effectve after tax interest rate expense for the firm?
What is the market value per share after the dividend : Verbal Communications, Inc., has 14,000 shares of stock outstanding with a par value of $1 per share and a market value of $32 per share. The firm just announced a 100 percent stock dividend. What is the market value per share after the dividend?
What will the market price per share be after the split : 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?
What is the change in value of your portfolio : You own 100 shares of Amazon stock (AMZN) and are concerned that the price will go down. You do not want to sell because you have unrecognized capital gains and are in a high tax bracket.
What are the call options intrinsic and time values : A call option with a strike price of $47 on a stock selling at $55 costs $11.50.
What is the present value of your interest : A family trust will convey property to you in 15 years. If the property is expected to be worth 50,000 when you receive it, what is the present value of your interest, discounted at 10 percent annually?
Ow many shares of stock will be outstanding after the stock : The firm has decided to spend all of its excess cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed?

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the salary at the end of 24th year from now

Calculate the salary at the end of 24th year from now from the facts and what will 80% of your last year's salary be

  Computation of actual nominal rate of return on the bond

Computation of actual nominal rate of return on the bond and A bond produces a real rate of return of 5.03 percent for a time period when the inflation rate is 3.30 percent

  Using straight line method to solve problem

DNA Corporation issued $4,000,000 in 8%, 10-year bonds on February 1, 2010, at 115. Semiannual interest payment dates are January 31 & July 31.

  Interest compounded monthly

The Design Team just decided to save $1,500 a month for next five years as a safety net for recessionary periods. What would today's deposit amount have to be if the firm opted for one lump sum deposit today that would yield same amount of savings ..

  Determining the value of bond

What impact does number of years till maturity have on the value of bond? Mention three capital budgeting methods (decision rules) and rank them from least to most useful. Defend your ranking.

  What is the balance of recievables at the end of june

February sales were $60,000 and March sales were $70,000. In the past bad debt percentage has been 0 and is expected to continue.

  Determine the initial investment outlay

Truman Industries is planning an expansion. The necessary equipment would be purchased for for $9 million, and the expansion would need an additional $3 million investment in working capital.

  Calculate the price of a share

You are given the following data: Stockholders' equity $3.75 billion, price or earnings ratio 3.5, common shares outstanding fifty million, and market or book ratio 1.9.

  Computation of yield on bond with given data

Computation of yield on bond with given data and what is the yield on a 7-year bond for Drongo Corporation

  Computation of break even point

Mower Manufacturing's income statement for January 2006 is following and determine the company's break-even point in sales dollars and units.

  Future competitive success of southwest airlines

Write down the major factors for the future competitive success of southwest airlines.

  Determine cost of capital expansion

Kauai Surf Boards seeking raise capital a large group investors expand operations. Assume investors S&P 500 portfolio, a volatility 15 percent expected return 10 percent.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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