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Business, 22.02.2020 03:35 gunnatvinson

The following data apply to Garber Industries, Inc. (GII):

Value of operations

$1,000

Short-term investments

$100

Debt

$300

Number of shares

100

The company plans on distributing $50 million as dividend payments. What will the intrinsic per share stock price be immediately after the distribution?a. $6.32b. $6.65c. $7.00d. $7.35e. $7.72

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The following data apply to Garber Industries, Inc. (GII):

Value of operations
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