What do you think the ex-dividend price will be

Assignment Help Finance Basics
Reference no: EM131473229

Ginger, Inc., has declared a $5.30 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 20 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. Ginger stock sells for $93.95 per share, and the stock is about to go ex dividend.

What do you think the ex-dividend price will be?

(Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Reference no: EM131473229

Questions Cloud

What elements in the external environment : What elements in the external environment could affect Dippin’ Dots’ strategy in relationship to their growth?
Options provides a higher rate of return : Assume the "going rate of interest" is currently 7.0%. All else equal, which of these two options provides a higher rate of return?
How should the appellate court rule and why : Invitrogen Corp. held a process patent on the introduction of recombinant DNA molecules into receptive E. coli cells. Invitrogen sued Stratagene.
What is the present value of asset : What is the present value of this asset if the rate of return is 7.0%?
What do you think the ex-dividend price will be : What do you think the ex-dividend price will be?
What legal test should court apply in salvino infringed : Salvino Figurine Manufacturing, Inc. entered into a licensing agreement with the Major League Baseball Players Association to produce stuffed animal toys.
Organizational issue with respect to supply chain management : What are the critical organizational issues with respect to supply chain management?
Review the case of vent v mars snackfood us : Bonnie Vent, a citizen of California, filed this action against Mars Snackfood US, LLC, and Mars, Inc. (collectively, "Mars"), corporations.
Create an opening statement or thesis statement : Create an opening statement or thesis statement based on the paper's topic of continuing academic success.

Reviews

Write a Review

Finance Basics Questions & Answers

  Define cash flow accounting income

Define each of the following terms: a. Cash flow; accounting income b. Incremental cash flow; sunk cost; opportunity cost c. Net operating working capital changes; salvage value d. Real rate of return, rr, versus nominal rate of return

  Explain is this statement true false or uncertain

“If more customers want to borrow funds at the prevailing interest rate, a financial institution can increase its profits by raising interest rates on its loans.” Is this statement true, false, or uncertain? Explain your answer.

  Write down a short essay summarizing your research your

you have just invented a new product that you believe will make you a millionaire in canada. however you do not have

  Which one of the following choices will result in more cash

Which one of the following choices will result in more cash flow from assets, all else (except taxes) constant?

  What are the standard underwriting ratios or metrics

What are the standard underwriting ratios or metrics used for a conventional mortgage loan?

  Sales presentation for the business

"Design a short sales presentation for the business you defined for your franchise opportunity analysis. This should be no more than four slides."

  What is the internal rate of return

The Pam American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save money. The new cost of this machine is $45,000. The annual cash flows have the following projections.

  What are financial markets what functions do they preform

what are financial markets what functions do they preform how would an economy be worse off without

  What is your realized compound yield on the bond

Each year you reinvested all coupon interest at the prevailing reinvestment rate shown in the table below. Today is the bond's maturity date. What is your realized compound yield on the bond?

  List two investment products that a manager following a

list two investment products that a manager following a passive investment strategy could use to make an investment in

  Analyze the capital asset pricing model

Analyze the Capital Asset Pricing Model (CAPM). Using the course text and an article from ProQuest as references, address the following:

  Calculate the operating breakeven point

X Corporations produces inflatable beach balls, selling 400,000 balls a year. Each ball produced has a variable operating expenses $0.84 and sells for $1.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd