What will the market price per share be after the split

Assignment Help Finance Basics
Reference no: EM132753275

Robinson's has 12,000 shares of stock outstanding with a par value of $1 per share and a market price of $24.20 a share. The firm just announced a four-for-three stock split. What will the market price per share be after the split?

Reference no: EM132753275

Questions Cloud

Find and calculate each project cash payback period : Calculate each project's cash payback period. Which projects meets Egleston' s standards? Egleston Healthcare uses a maximum payback period of 6 years
Explain the three alternative current operating assets : Explain the three alternative current operating assets financing policies in details. In your opinion, what is the best strategy for management with regard.
How do calculate schomberg milk products operating income : How do Calculate Schomberg Milk Products's operating income in the next quarter if it manufactures 100,000 boxes and 125,000 units.
Which is an appropriate way to record the transaction : A company has purchased raw materials and has sold the materials as a finished product. However, the company has yet to be invoiced for the raw materials.
What will the market price per share be after the split : The firm just announced a four-for-three stock split. What will the market price per share be after the split?
Calculate the discount rate, npv and irr : Virgin is considering buying ten new A380s now for $100 million each. Calculate the discount rate, NPV and IRR of this project
Is jack correct in saying that there is no contract : Jack and Jane recently bought a vacant block of land in Glandore, with plans to build a new house. Jack spoke to his brother Jed about his plans.
How much money will each quarterly payment be : To launch a new product line, a company borrowed $50,000 for 5 years at 4% compounded annually. How much money will each quarterly payment be
What is the irr for a project that costs : What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from today?

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculating the prime cost

Wholesale firm manufactures circuit breaker containers. The equipment operator stamps 15 containers from each strip of aluminum. Per strip costs $1.15.

  Differentiate ford corporation and gm corporation

Here is the monthly stock price data for Ford corporation and GM corporation.

  Identify and describe the six principles for organizations

1. define social responsibility.2.list the three main reasons for government regulation of businesses.3.explain the

  Monitor the firm investment decision

Suppose that you can monitor the firms' investment decision and prevent the firm from investing in a project that is too risky. The monitoring costs $50M. You can borrow the $50M at a 10% interest rate and repay the loan plus interest in one year.

  Financial implications for companies experiencing

Research the Internet, newspapers, magazines and journals to find One recent incidents that had a denial of service attack that had potential accounting or financial implications for the companies experiencing these events

  What does the phrase multiple deposit creation mean

Suppose that PNC Bank sells $1 million in Treasury bills to the Fed and then makes a $1 million loan to David's Donut Emporium and Boat Repair. Use a T-account to show the results of these transactions on PNC's balance sheet.

  Performance during the covid-19 pandemic

As a UAE business specialist, explain a potential client about the role of Abu Dhabi Global Market (ADGM), Abu Dhabi Stock Exchange

  What is the expected return and volatility

a. What is the expected return and volatility (standard deviation) of your investment? b. What is your realized return if J goes up 25% over the year?

  Determining the relevant cash flows for a proposed project

What four main criteria are commonly used for determining the relevant cash flows for a proposed project?

  What are the pre money and post valuations

The CEO of Millennium Dairy Product, a small venture among 10 partners each having 100,000 shares, sought to raise an

  Perform analyses using time value of money calculations

Perform analyses using time value of money calculations for making investment decisions.

  Cost of common equity and wacc

Palencia Paints Corporation has a target capital structure of 40% debt and 60% common equity, with no preferred stock.

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