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Author Question: Acme Explosives Inc. is an international producer of creative demolition products. Selected ... (Read 61 times)

FButt

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on: Apr 25, 2021
Acme Explosives Inc. is an international producer of creative demolition products. Selected financial information for Acme is provided in the table below. Acme wants to distribute all of its cash with a special dividend. The stock price and market capitalization of the company immediately after the announcement are shown in the table. What price will the stock trade at on the ex-dividend day?

Selected Financial Information
for Acme Corporation
Cash$28,738.2M
Market Capitalization$177,809.7M
Shares Outstanding6,330M
Stock Price$28.09
Debt$0

◦ $22.91
◦ $23.55
◦ $26.33
◦ $28.09
◦ $31.11
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by FButt on Apr 25, 2021

sarah_brady415

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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FButt

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

xiaomengxian

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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