O Punting Words OPWnced that it will your vided from 12.75 51 per share and...

70.2K

Verified Solution

Question

Finance

image
image
O Punting Words OPWnced that it will your vided from 12.75 51 per share and then we estruan peron Prior to the cament Widende expected to per year and Wscomonok Wading of 255he winwespansion Opware spected to growper year definitely ning the overall take the time in unchanged by expansion, the value on the Oper innouncement le cose OAS19.16 OB 540 54 OC 525 50 OD 51205 70 Plumbing Works (ticker OPW) rounced that it will cut next year's dividend. Dfrom 52.75 to $130 per share and the fem will use the extra funds to expand operation Prior to this announce OPWs dividende pected to grow at 4 per year and OPWscommon stock was trading at a pre of 525 50/share with the new expansion Op's dividends expected to grows 8% per your indefinitely ing the overall risk of the firm is unchanged by this expansion, the value of one share of OPW after the annuncement is closest to 519 16 $4054

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students