Question: Please solve for question 2, you will need the answers from question to solve part 2 The balance sheet for the Firefox Carp is shown
The balance sheet for the Firefox Carp is shown here in market value terms There are 11,500 shares of stock outstanding Market Value Balance Sheet Equity S225,040 Cash Fixed Assets Total $25 200 $199,840 $225,040 Total $225,040 The company has declared a dividend of 50.97 per share. The stock goes ex-dividend tomorrow. Ignoring any tax effects, what is the stock seling for today? What will it sell for fomorrow? After the dividend, what will be the value of shares and of cash for an investor with 90 shares? Enter your answers rounded to 2 DECIMAL PLACES What is the stock seling for today? 19.40 Correct response: 19.4:0.01 What will the stock sell for tomorrow? 18.43 Correct responset 18.430.01 What will be the value of the investor's shares after the stock dividend? 1658.70 Correct response: 2,658.720.01 What will be the value of the investor's cash after the dividend? 87.30 Correct response: 87.30.01 Click "velity to proceed to the next part of the question. Note: This question has 3 parts, so you will be clicking Verity 3 times Suppose that Firefox Corp has announced it is going to repurchase stock instead of paying out dividends. What effect will the repurchase have on an investor who currently holds 90 shares and sells 4,5 of those shares back to the company in the repurchase at the market price per share of $19.4 (e. what are the values of the investor's shares and cashy? Enter your answers founded to 2 DECIMAL PLACES What will be the value of the investor's shares after the share repurchase? Number What will be the value of the investor's cash after the share repurchase? Number
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