Different Types of Payouts: - Many Companies Pay A Regular Cash Dividend
Different Types of Payouts: - Many Companies Pay A Regular Cash Dividend
a. $64(3/5) = $38.40
b. $64(1/1.15) = $55.65
To find the new shares outstanding, we multiply the current
shares outstanding times the ratio of new shares to old
shares, so:
a: 330,000(5/3) = 550,000
b: 330,000(1.15) = 379,500
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