Pls solve this question correctly instantly in 5 min i will give u 3 like for sure Shatin Intl. has 10.4 million shares, an equity cost of capital of 13% and is expected to pay a total dividend of $19.5 million each year forever. It announces that itwill increase its payout to shareholders. Instead of increasing its dividend, it will keep it constant and will start repurchasing $10.5 million of stock each year aswell. What is your estimate of Shatin's stock price after this announcement?The stock price will be $(Round to the nearest cent.)

To calculate the stock price after announcement of repurchasing, the total stock value was…

Answered: lders. Instead of increasing its…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Fast pls solve this question correctly in 5 min pls I will give u like for sure Surbh You just opened a brokerage account, depositing $4,000. You expect the account to earn an interest rate of 10% annually. You also plan on depositing $1,500 at the end of years 4 through 10. What will be the value of the account at the end of year 10? a. $9,487 b. $20,606 c. $24,606 d. $8,908 e. $23,106
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lders. Instead of increasing its dividend, it will keep it co tin's stock price after this announcement?