Question: Zoom Enterprises expects that one year from now it wit pay a total dividend of 545 mision and repuichase 545 milion warth of shares it

 Zoom Enterprises expects that one year from now it wit pay

Zoom Enterprises expects that one year from now it wit pay a total dividend of 545 mision and repuichase 545 milion warth of shares it plans io spend $90 milion an olvidends milion shares oblitanding. what is is share price today? The price per share is 5 (Round lo bie nekest cent)

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!