question archive Question 6 of 25 Points: 1 One day before the Ex Dividend date, Stock ABC is priced at $55
Question 6 of 25 Points: 1 One day before the Ex Dividend date, Stock ABC is priced at $55
Subject:FinancePrice:2.86 Bought3
Question 6 of 25 Points: 1 One day before the Ex Dividend date, Stock ABC is priced at $55. Assuming that a dividend of $3 per share was announced on the declaration date, what would be the expected stock price of the Ex Dividend date: OA) $48 B) $46 C) $52 OD) $58 Clear selection Question 7 of 25 Points: 1 Company ABC has assets of $80mlo (including $10mio of cash) and Debt of $30mio. The company has 2 million share outstanding. What is company ABC's current share price (book value per share). A $40 B) $15 C) $25 D) $5 Clear selection
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Solution Question - 6
Price of Stock ABC = $55
Dividend per share = $3
The expected stock price of the Ex Dividend date = 55 - 3 = $52
Therefore, the correct option is OPTION - C
Solution Question - 7
Total Assets = $80m
Total LIabilities = $30m
No. of shares outstanding = 2m
Book value per share = (Total Assets - Total Liabilities) / No. of shares outstanding
= (80m - 30m) / 2m
= $25
Therefore, the correct option is OPTION - C
