Answered: A firm has 30 million shares…

A firm has 30 million shares outstanding, and each share is traded at $100. Also, each shareholder gets a dividend of $200 annually. in this case, the market capitalization is——

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter7: Common Stock: Characteristics, Valuation, And Issuance

Section: Chapter Questions

Problem 5P

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Question

A firm has 30
million shares outstanding, and each share is traded at $100. Also, each
shareholder gets a dividend of $200 annually. in this case, the market
capitalization is——

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