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Find adjusted eps and dps and stock price

Suppose you own 2,000 common shares of Laurence Incorporated. The EPS is $10.00, the DPS is $3.00, and the stock sells for $80 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have, what will the adjusted EPS and DPS be, and what would you expect the stock price to be?

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Finance Basics: Find adjusted eps and dps and stock price

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find adjusted eps and dps and stock price

Reference No:- TGS0556678

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Explain an income statement for the first year of operation

Q : What is the projected dps and payout ratio

Q : What information do you give to the client

Q : Describe the write-off method of recording

Q : Find adjusted eps and dps and stock price

Q : Prepare the cash flows from operating activities

Q : Balance of payments records

Q : A straight-line basis over a remaining term

Q : What amount would the company have to charge for the ruiz

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find adjusted eps and dps and stock price

Reference No:- TGS0556678

Recent Questions Asked Finance Basics

Q : Explain an income statement for the first year of operation

Q : What is the projected dps and payout ratio

Q : What information do you give to the client

Q : Describe the write-off method of recording

Q : Find adjusted eps and dps and stock price

Q : Prepare the cash flows from operating activities

Q : Balance of payments records

Q : A straight-line basis over a remaining term

Q : What amount would the company have to charge for the ruiz

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