Jenny hold 1,000 shares of C corp. The C corp. has 12 million shares outstanding. The
value of assets of the C corp. is $400 million which includes $50 million of cash. The C
corp. is expected to pay $40 million as dividend. What Jenny should do if she needs a
dividend of $4,900.
(A) Buy 52.22 shares
(B) Buy 25.22 shares
(C) Sell 25.22 shares
(D) Sell 52.22 shares
No answers have been given to this question yet :(
Similar questions