Question: please help Question 11 1 points Save Answer Last week, Weschler Paint Corp, completed a 3-for-1 stock spit. Immediately prior to the split, its stock


Question 11 1 points Save Answer Last week, Weschler Paint Corp, completed a 3-for-1 stock spit. Immediately prior to the split, its stock sold for $150 per share. The firm's total market value was unchanged by the spit. Other things held constant, what is the best estimate of the stock's post-split price? O $50.00 O $52 50 O $55.13 $57 88 s60.78 & Moving to another question will save this response. Question 11 of 23 Question 12 1 points Save Ans In the real world, dividends are usually more stable than earnings. fluctuate more widely than earnings tend to be a lower percentage of earnings for mature fims. are usually changed every year to refect earnings changes, and these changes are randomly higher or lower, depending on whether earnings increased or decreased. are usually set as a fixed percentage of earnings, e.g, at 40% of earnings, so if EPS-$2.00, then DPS will equal $0.80, Once the percentage is set, then dividend policy is on "automatic pilot and the actual dividend depends strictly on earnings O000 A Moving to another question will save this response. Question 13 of Question 13 1 paints Save One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be offset by a required return constant, other things held constant. O True O False more than proportionate increase in growth in order to keep a firm A Moving to another question will save this response.
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