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    Finance Questions

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    Finance Questions - Retained Earnings, K, Warrants. See attached file for full problem description.

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    a. Chapter 18: 4, 10, and 17
    b. Chapter 19: 12 and 13


    a. By how much did the company's retained earnings increase?

    The retained earnings will increase by net income - dividend. The increase in retained earnings is 820-820X20%=$656 million.

    b. With 100 million shares outstanding and a stock price of $50, what was the dividend yield? (Hint: First compute dividends per share.)

    The dividend amount is 820X20%=$164 million
    Number of shares outstanding is 100 million.
    Dividend per share is 164/100=$1.64
    Stock price is $50
    Dividend yield is 1.64/50=3.28%


    P/E = Price/Earnings per Share ...

    Solution Summary

    The solution has various finance questions - springsteen music, dyer drilling, laser electronics, warrants and stock valuation