Suppose you have 100 common shares of Tillman Industries. The EPS is $4.00, the DPS is $2.00,
Question:
Suppose you have 100 common shares of Tillman Industries. The EPS is $4.00, the DPS is $2.00, and the stock sells for $60 per share. Now Tillman announces a twofor-
one split. Immediately after the split, how many shares will you have, what will be the adjusted EPS and DPS, and what would you expect the stock price to be?
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Heres what happens after Tillman Industries announces a twoforone stock split Number of Shares You c...View the full answer
Answered By
Jehal Shah
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Related Book For 
Fundamentals Of Financial Management
ISBN: 9780357517574
16th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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