Question: 5.625 points Save Answer Clark Griswold, CFO has proposed a 3:1 stock split for WallyWorld Entertainment. The stock currently trades as $90 a share. Using

 5.625 points Save Answer Clark Griswold, CFO has proposed a 3:1

5.625 points Save Answer Clark Griswold, CFO has proposed a 3:1 stock split for WallyWorld Entertainment. The stock currently trades as $90 a share. Using the pre-split number of shares outstanding, Griswold has estimated the total dividend for the next year will be $1.80 per share. Assuming the stock split is implemented immediately, shareholders should expect the quarterly dividend to be closest to: $0. 15. O $0.45. $0.60. Click Submit to complete this assessment.

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