Answer the following problems completely. 1. A land developer declared a dividend of P 10,000,000 for...
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Answer the following problems completely. 1. A land developer declared a dividend of P 10,000,000 for its common stock. Suppose there are 600,000 shares of common stock, how much is the dividend per share? 2. A certain company gave out P 25 dividend per share for its common stock. The market value of the stock is P 92. Determine the stock yield ratio. 3. A property holdings declared a dividend of P 9 per share for the common stock. If the common stock closes at P 76, how much is the stock yield ratio on this investment? 4. Find the amount of the semi-annual coupon for a P 250,000 bond which pays 7% convertible semi-annually for its coupons. Answer the following problems completely. 1. A land developer declared a dividend of P 10,000,000 for its common stock. Suppose there are 600,000 shares of common stock, how much is the dividend per share? 2. A certain company gave out P 25 dividend per share for its common stock. The market value of the stock is P 92. Determine the stock yield ratio. 3. A property holdings declared a dividend of P 9 per share for the common stock. If the common stock closes at P 76, how much is the stock yield ratio on this investment? 4. Find the amount of the semi-annual coupon for a P 250,000 bond which pays 7% convertible semi-annually for its coupons.
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1 Dividend per share Total dividend amount Number of shares Dividend per share P 10000000 600000 sha... View the full answer
Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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