Consider a firm with a market capitalization (market value of equity) of €70mln. There are 2mln shares outstanding with

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Consider A Firm With A Market Capitalization Market Value Of Equity Of 70mln There Are 2mln Shares Outstanding With 1 (95.77 KiB) Viewed 73 times

Consider a firm with a market capitalization (market value of
equity) of €70mln. There are 2mln shares outstanding with a par
value of €1.00 per share. Currently, the firm has €8mln excess cash
which it plans to distribute as cash dividend.
Calculate the ex-dividend share price. Enter your answer
with 0 decimals and do not provide the euro sign in your answer
(e.g. write €102.30 as 102).
Consider a firm with a market capitalization (market value of equity) of €70mln. There are 2mln shares outstanding with a par value of €1.00 per share. Currently, the firm has €8mln excess cash which it plans to distribute as cash dividend. Calculate the ex-dividend share price. Enter your answer with 0 decimals and do not provide the euro sign in your answer (e.g. write €102.30 as 102). Answer