Many OPTIONS10,000 shares of the ordinary stock of the Travis Company have a P10 par value.The stock splits two for one.Prior to the split, the stock's market price was P16.What will the share price on the market be just after the stock split? a. P4b. P6c. P8d. P10e. None of the above

The stock split is a method of increasing the number of outstanding shares and decreasing the market…

Answered: Many OPTIONS 10,000 shares of the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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11. A share of stock is expected to pay dividend of £2 in Year 1 and £2.5 in Year 2. The stock will be sold for £10 in year 2. What is the share price if the discount rate of the share is 8%? a. £15.85 b. £3.07 c. £12.57 d. £18.07
3
MULTIPLE CHOICE Travis Company has 10,000 shares of common stock with a par value of P10 per stock. A 2-for-1 stock split is made. The market price of the stock was P16 prior to the split. What will the market price per share be immediately subsequent to the stock split? *a. P4b. P6c. P8d. P10e. None of the above
# 1 A firm issues preferred stock with a dividend of $3.42. If the appropriate discount rate is 7.05% what is the value of the preferred stock? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity %23
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None
Automotive Supplies Inc’s Stock trades at $50 a share. The company is contemplating a 4-for-3 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company’s stock price following the stock split? Select one: a. $50.00 b. $80.00 c. $75.00 d. $37.50
A preferred stock is expected to pay a constant quarterly dividend of $1.25 per quarter into the future. The required rate of return, Rs, on the preferred stock is 13.5 percent. What is the fair value (or price) of this stock? 3 E Multiple Choice $37.04 $24.36 $52.36 $18.65 None of these choices are correct Q Search $ 4 R % 5 T * D 00 8
Problem 2. You open a 1000 share short position in Happy Bunny Inc. common stock at the bid-ask price spread of $32.00 - $32.50. When you close your position the bid-ask prices are $30.25 – $30.50. Happy Bunny Inc. common stock paid a cash dividend in the amoount of $0.20 per share while you held the short position. If you pay a commission of $10 per trade, and interest rates are zero, calculate your profit or loss on the investment position?
40% Stock Dividend is equivalent to ______ split. Question 18 options: 1.25 for 1 1 for 4 5 for 7 1.4 for 1
answer must be in proper format or i will give down vote pm.4
Consider the following table, which is the ECN book for Intertech Company's stock. Entry Number Bid or Ask? Bid Bid Bid Bid Ask Ask Ask Ask 5 ECN Book for Intertech Company Shares 1,000 400 6 7 1 2 3 4 5 8 6 7 8 700 Suppose a new limit order is placed to purchase as many shares as possible at a price of no more than $40.42. A total of be purchased. 300 400 200 100 Which entries will be removed from the ECN after the transaction is complete? Check all that apply. 900 Price $40.06 $40.13 $40.22 $40.31 $40.42 $40.53 $40.63 $40.75 shares will

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Many OPTIONS 10,000 shares of the ordinary stock of the Travis Company have a P10 par value. The stock splits two for one. Prior to the split, the stock's market price was P16. What will the share price on the market be just after the stock split? a. P4 b. P6 c. P8 d. P10 e. None of the above