The Following Data Apply to Garber Industries,Inc The Company Plans on Distributing $50 Million as Dividend Payments

question 47

Multiple Choice

The following data apply to Garber Industries,Inc.(GII) : $$\begin{array} { l r } \text { Value of operations } & \$ 1,000 \\\text { Short-term investments } & \$ 100 \\\text { Debt } & \$ 300 \\\text { Number of shares } & 100\end{array}$$ The company plans on distributing $50 million as dividend payments.What will the intrinsic per share stock price be immediately after the distribution?

• A)$6.32
• B)$6.65
• C)$7.00
• D)$7.35
• E)$7.72

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Neurotransmitter

A chemical substance in the body that transmits nerve impulses across a synapse between two nerve cells or between a nerve cell and a muscle cell.

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Serotonin

A neurotransmitter involved in regulating various functions including mood, appetite, and sleep, often associated with feelings of well-being and happiness.

Hypnagogic Reverie

A state of consciousness occurring between waking and sleeping, often filled with vivid sensory phenomena or imaginative thoughts.