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Business, 18.08.2021 01:50 watervliet2586

Jensen's has a market value equal to its book value, excess cash of $500, other assets of $9,500, and equity worth $10,000. The firm has 250 shares of stock outstanding and net income of $1,400. What will the stock price per share be if the firm pays out its excess cash as a cash dividend

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Jensen's has a market value equal to its book value, excess cash of $500, other assets of $9,500, an...
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