What is the expected share price of Pinder Ltd

Assignment Help Accounting Basics
Reference no: EM133066892

Question - PinderLtd is currently trading at $15 per share and is planning on a dividend of $2 per share. The capital gains tax and dividend income tax for Pinder Ltd's shareholders are 10% and 20% respectively. Based only on the information above, what is the expected share price of Pinder Ltd on the ex-dividend date?

Reference no: EM133066892

Questions Cloud

What would be the price of the consol bond : Suppose the British government issues consol bonds that pay 30 pounds of interest per year, forever. If the discount rate is 4.2%, what would be the price
Major desirable characteristics : First, describe Gresham's law and LIST the major desirable characteristics that qualify an item as money.
Total cost and average cost : Every time you increase production by one unit, your marginal cost decreases by $6. There are no fixed costs, and the first unit costs you $62 to produce.
Unique expression of human experience : On how the Humanities is made up of artifacts just like yours that present a unique expression of the human experience.
What is the expected share price of Pinder Ltd : PinderLtd is currently trading at $15 per share and is planning on a dividend of $2 per share. What is the expected share price of Pinder Ltd
Elasticity of demand for bridge trips : How would the number of trips and the expenditure on tolls be affected by a 10% increase in the toll?
Calculate the price elasticity of demand : How can caculate the Price Elasticity of Demand based on 2 given market equilibrium points (2020-2021)?
Determine the machine net present value : At the end of 5 years, the equipment would have a $4200 salvage value. Cullumber's required rate of return is 16%. Determine the machine net present value
Describe the theory of endogenous growth : 1. Although the global trade regulatory organs, such as the World Trade Organisation (WTO), the World Bank and organs of the United Nations (UN), make efforts t

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the effective tax rate on the inter-company dividend

If the parent company's marginal tax rate is 34% and if the exclusion on inter-company dividends is 70%, what is the effective tax rate on the inter-company

  Post to the stockholders equity accounts

Franco Corporation was organized on January 1, 2008. Journalize the transactions. Post to the stockholders' equity accounts

  Create a rea model using the revenue cycle

Sales Orders are received from customers via the web site and reviewed by a sales. Create a REA Model using the revenue cycle with the information given above.

  Prepare the necessary general journal entries

On 1 July, 2016, Ozzy Ltd took a loan to purchase two identical new trucks at a total cost of $800,000 plus 10% GST. Prepare necessary general journal entries

  How much should Whitey receive upon liquidation

During June, one-third of the receivables was collected; P45,000 of inventory was sold at an average of 70% of book value; How much should Whitey receive

  What are the possible consequences to the accountant

What are the possible consequences to the accountant for not presenting accurate budget figures

  Difference between periodic and perpetual inventory systems

What is the difference between periodic and perpetual inventory systems? Which items and costs should be included in inventory

  What is the purpose of engagement planning

What is the purpose of engagement planning? What critical information should the auditor consider during engagement planning

  Print a spreadsheet on one page by choosing file

Print a spreadsheet on one page by choosing File, Page Setup, and Fit to 1.

  Analyzing the Impact of Selected Transactions

Question - Analyzing the Impact of Selected Transactions on the Current Ratio, Compute the updated current ratio

  Prepare the journal entry to record the vacation accrual

The company allows 15 paid vacation days per year. Prepare the journal entry to record the vacation accrual for January

  Determine what the net income allowance method

Determine what the net income would have been if the allowance method had been used

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