lastAfter a S-for- 1 stuck split, Tyler Companypaid a dividend of $0.95 per new share, whichrepresents a 7% increase over year's pre-split dividend. What was last year's dividendper share? Round your answer to the nearestcent. A4545*****atget14ΔΔΔΔΔΔΔΔNTH

Dividend per share is the amount of money that a company pays out to its shareholders for each share…

After a S-for-1 stock split, Tyler Company paid a dividend of $0.95 per new share, which last year's pre- represents a 7% increase over split dividend. What was last year's dividend pershare? Round your answer to the nearest "cent."

After a S-for-1 stock split, Tyler Company paid a dividend of $0.95 per new share, which last year's pre- represents a 7% increase over split dividend. What was last year's dividend pershare? Round your answer to the nearest "cent."

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

100%

last
After a S-for- 1 stuck split, Tyler Company
paid a dividend of $0.95 per new share, which
represents a 7% increase over year's pre-
split dividend. What was last year's dividend
per share? Round your answer to the nearest
cent. A
4545
*****
atge
t
14
ΔΔΔΔΔΔΔΔ
NT
H

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