What will be the price of the stock after the repurchase

Assignment Help Finance Basics

Reference no: EM133432340

Question: Suppose a corporation currently has $5,000 USDs in excess cash available to repurchase stock or pay dividends on its 50,000 shares. Suppose the corporation decides to use the $5,000 USDs to repurchase shares on the open market. If the current stock price is $15, what will be the price of the stock after the repurchase? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer

Reference no: EM133432340

Questions Cloud

Pericles had several reasons for funeral oration : Pericles had several reasons for his funeral oration at the end of the first year of the peloponnesian war what besides the obvious reason of mourning

What is the total amount of their entire monthly payment : annual real estate taxes and $1,046 per year in homeowner's insurance. What is the total amount of their entire monthly payment

Develop a wbs and enter milestones for the project tracking : Develop a WBS and enter milestones for the Project Tracking Database project: Enter the 20 tasks below into the task name column in the order shown

Equality was central issue for both adam smith and karl marx : Equality was a central issue for both Adam Smith and Karl Marx. How did each thinker believe equality should manifest itself in society?

What will be the price of the stock after the repurchase : If the current stock price is $15, what will be the price of the stock after the repurchase? Note: Express your answers in strictly numerical terms

What was sharecropping : What was sharecropping? Discuss the flaws with this system and the contradistinction between white ownership of land and black aspirations for land ownership

What challenges are hospitals generally facing within : What challenges are hospitals generally facing within the U.S. healthcare delivery system today?

Determine equity value per share : Determine equity value per share given the following information. Round your final answer to two decimal places. For example, if your answer is $89.12

How did this eventually lead to their downfall : What did the Greeks have to do because they had very little farmland? How did this eventually lead to their downfall? When did this happen?

User Account

All Pages