Ans. $2.07 per share
Dividend per share = Common stock dividend / Shares outstanding
= 54.96 million / 26.56 million
= $2.07 per share
Question 3 (1 point) Last year, Holland Tulip Inc. paid $54.96 million in common stock dividends....
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OMG inc. has 5 million shares of common stock outstanding, 4
million shares of preferred stock outstanding, and 6,000 bonds.
Suppose the common shares are selling for $19 per share, the
preferred shares are selling for $28 per share, and the bonds are
selling for 108 percent of par.
What would be yhe weight used for equity in the computation of
OMG's WACC? (Round answer to 2 decimal places.)
Can someone explain how you got your answer please?
OMG Inc....
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