Entries by admin

Finance Question: Help!

A firm is all equity financed with 10,000 outstanding shares with a market value of $20 each. Its net income was $30,000 and it decides to pay a cash dividend of $2000. Calculate the value of each share after the dividend payout.   a. $22.8 b. $20 c. $19.8 d. not enough information   Grandma’s […]