After a 2-for-1 stock split strasburg company paid a


Stock split

After a 2-for-1 stock split, Strasburg Company paid a dividend of $1.75 per new share, which represents a 10% increase over last year's pre-split dividend. What was last year's dividend per share? Round your answer to the nearest cent.

$  

Request for Solution File

Ask an Expert for Answer!!
Financial Management: After a 2-for-1 stock split strasburg company paid a
Reference No:- TGS01211935

Expected delivery within 24 Hours