Quiz Ch 14 – Equivalence of Stock Split to Stock Dividend
Essentials of Corporate Finance
Ross, Westerfield, and Jordan
10th Edition
Which stock dividends are essentially equivalent to a 2-for-1 stock split?
Which stock dividends are essentially equivalent to a 2-for-1 stock split?
Jensen’s declared a dividend of $1.34 a share two weeks ago, and the ex-dividend date is tomorrow. Assuming all else remains constant, what is the best estimate of Jensen’s opening stock price tomorrow?
What is the disadvantage of cash dividends?
How many days before the date of record is the ex-dividend date typically set?
Which factor is least likely to restrict a firm’s ability to pay cash dividends?
Which factor supports the argument that dividend policy is irrelevant?
What supports a high-dividend payout?
Which represents an example of a liquidating dividend?
What is the term for a payment made to a firm’s shareholders using either cash or shares of stock, derived from the firm’s earnings?
Which date represents the board of directors’ decision to pay a dividend?