Amount of the dividends per share
O'haras market has a net income of $1.6 million and 525,000 shares of stock outstanding. What is the amount of the dividends per share if the plowback ratio is 60 percent?
a) $0.94
b) $1.07
c) $1.22
d) $1.67
e) $1.98
Now Priced at $5 (50% Discount)
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Rated (4.3/5)
Explain the Modigliani-Miller dividend irrelevance proposition.
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