Question: CI Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $4,500 would be spent. Current earnings are $1.08 per share






CI Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $4,500 would be spent. Current earnings are $1.08 per share and the stock currently sells for $44 per share. There are 2,500 shares outstanding. Ignore taxes and other imperfections. If Yellow Corp. pays a dividend, what will be the dividend per share? After the dividend is paid, how many shares will be outstanding and what will the price per share be? Enter your answers rounded to 2 DECIMAL PLACES. NOTE: Fractional shares are possible (Ex. 0.67 shares) Correct. response : 1 . Bio . 0 1 Shares outstanding = 0 Correct. response: 2,500 Correct. response = 42 . 21:0 . 01 After the $1 .8 dividend, the price tails to $42.2 per share. What are earnings per share (EPS) and the price earnings (PIE) ratio? Enter your answers rounded to 2 DECIMAL PLACES. Correct. reeponee: 1 . 08 PE Ratio = 39.07 0 Correct. response: 39 . 071:0 . 1 Click "Verity" to proceed to the next part of the question. If Yellow Corp. goes with the share repurchase, how many shares will they buy? After the repurchase, how many shares will be outstanding and what will the price per share be? Enter your answers rounded to 2 DECIMAL PLACES. Shares repurchased = 102.27 0 Correct response: 102.27t0.01 Shares outstanding = 2397.73 0 Correct response: 2,397.73t0.01 Stock price = 0 Correct response: 44 Click "Verity" to proceed to the next part of the question. After the repurchase of 102.27 shares at the price $44, what are earnings per share (EPS) and the price earnings (PIE) ratio? Enter your answers rounded to 2 DECIMAL PLACES
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