Consider a firm with a market capitalization (market value of equity) of €70mln. There are 2mln shares outstanding with
Posted: Thu Dec 23, 2021 9:04 am
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