Question: How much will the stock price decrease by after the ex-dividend date? (Enter answer with two decimal places. stock price $56.00 , shares outstanding 11,608,000

How much will the stock price decrease by after the ex-dividend date? (Enter answer with two decimal places.

stock price $56.00 , shares outstanding 11,608,000 , market cap $ 650,048,000 , excess cash 106,080,000 , dividend per share $9.14

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

How much of a decrease would you expect this will be? How much will the stock price decrease by after the ex-dividend date? (Enter answer with two decimal places.) ucation.com Scenario 1...

Q:

Hint: When paying out dividends, a company passes profits along to shareholders. In doing so, it decreases its value proportional to the value of dividends paid out. How much will the stock price...

Q:

How much will the stock price decrease by after the ex-dividend date? (Enter answer with two decimal places.) Enter a response then click Submit below $ \begin{tabular}{|l|r|} \hline Stock price &...

Q:

I have additional questions I would like the exact answers and I need the answers before 5:pm on 8/15/16. The questions are in the attached word document and pasted below. Problem 14-2 Bayani...

Q:

q 1 q 2 q 3 q 4 q 5 i am not sure how to go about answering these B D E F Richard must decide how to allocate the capital in his portfolio. Richard has $70,000 available to invest. He finds the rates...

Q:

Clearview Systems Ltd. Suppose you have been hired as a financial consultant to Clearview Systems Ltd., a large publicly traded firm that is the market share leader in radon detection systems (RDSS)....

Q:

Please answer D, E, and F. Thank you. Interpreting Disclosure on Employee Stock Options Intel Corporation reported the following in its 2015 10-K report. Share-Based Compensation Share-based...

Q:

I got some of the answers right for questions #6, Can I get help with the answers that are marked by a red "x"? QUESTION 6 Partialycoct Mark 300 out of 12.00 Interpreting Disclosure on Employee Stock...

Q:

Interpreting Disclosure on Employee Stock Options Intel Corporation reported the following in its 2015 10-Kreport. Share-Based Compensation Share-based compensation recognized in 2015 was $1.3...

Q:

Taunton Corp. Suppose you have been hired as a financial consultant to Taunton Corp., a large, publicly traded firm that is the market share leader in radon detection systems (RDS). The company is...

Q:

Write a PIC18F assembly language program at address 0x100 to check the parity of an 8-bit number in data register 0x70. If the parity is even, the program will store EE (hex) in data register 0x50....

Q:

Below are selected accounting data of four U.S. firms: a. For each one of the firms, compute the following: working capital requirement (WCR), WCR-to-revenue ratio, collection period in days (using...

Q:

A responstility accounting perfonmance repon lists actual costs that a mavager is nespomble for and their budgntad amouts. Thue or false

Q:

D. 13.00 times Odirile Company's working capital is R12 000, and its current liabilities are R54 000. The compaxy's current ratio is: Select one: A. 1.22 to 1 B. 5.50 to 1 C. 0.78 to 1 D. 13.00 times...