You Own 10,000 Shares of Mars, Co

question 46

Multiple Choice

You own 10,000 shares of Mars, Co. which is currently trading for $11.50 per share. The company has announced that it will soon pay a special dividend of $1.50 per share. Tomorrow is the ex-dividend day. Ignoring taxes, what do you expect your block of shares will be worth tomorrow?

• A) $15,000
• B) $100,000
• C) $115,000
• D) $200,000

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Definitions:

Need-satisfaction

The process of fulfilling or satisfying the requirements or desires of consumers or clients.

Selling Situation

The context or environment in which a sales transaction takes place, including factors like customer needs, market conditions, and product characteristics.

Planning Phase

The stage in a process, project, or sales strategy where objectives are set, and detailed plans are made to achieve goals.

Negotiation

A tactical conversation that settles a problem in a manner satisfactory to all involved parties.