
微信扫一扫
实时资讯全掌握
James Hemming, the chief financial officer of a midwestern machine parts manufacturer, is considering splitting the company’s stock, which is currently selling at $80 per share. The stock currently pays a $1 per share dividend. If the split is two-for-one, Mr. Hemming may expect the post-split price to be A. Exactly $40, regardless of dividend policy. B. Greater than $40, if the dividend is changed to $0.45 per new share. C. Greater than $40, if the dividend is changed to $0.55 per new share. D. Less than $40, regardless of dividend policy. |