Business, 07.05.2020 00:03 jimeneznancy650
Flychucker Corporation is evaluating an extra dividend versus a share repurchase. In either case $19,000 would be spent. Current earnings are $1.40 per share, and the stock currently sells for $50 per share. There are 5,000 shares outstanding. Ignore taxes and other imperfections. a. Evaluate the two alternatives in terms of the effect on the price per share of the stock and shareholder wealth per share
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Flychucker Corporation is evaluating an extra dividend versus a share repurchase. In either case $19...
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