The board of directors of AI Rehma SAOG recently announced a 12.5% stock dividend. Assuming that the current stock price is OMR 15 and 400,000 total ordinary shares of value OMR 1.900 each is outstanding. How much amount will be the market capitalization of the Company before the stock dividend? OMR 3,000,000 None of these OMR 6,000,000 OMR 2,000,000

The board of directors of AI Rehma SAOG recently announced a 12.5% stock dividend. Assuming that the current stock price is OMR 15 and 400,000 total ordinary shares of value OMR 1.900 each is outstanding. How much amount will be the market capitalization of the Company before the stock dividend? OMR 3,000,000 None of these OMR 6,000,000 OMR 2,000,000

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 3P

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