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Business, 15.04.2020 20:53 schnefai000

The following data apply to Garber Industries, Inc. (GII): Value of operations $1,000 Short-term investments $100 Debt $300 Number of shares 100 The company plans on distributing $100 as dividend payments. What will the intrinsic per share stock price be immediately after the distribution?

a. $6.00
b. $6.50
c. $7.00
d. $7.50
e. $8.00

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