Finance

Nine rights are necessary to purchase one share of Fogel stock at $50. A right sells for $4. The ex-rights value of Fogel stock is

  1. 👍
  2. 👎
  3. 👁
  1. Goodwill

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. Math

    A company experiences a stock split due to poor performance. Ariana's initial investment was a purchase of 50 stocks at $12.99 per share. The reverse split is 1:2. How many stocks does Ariana own after the stock split? 6.5 150 25

  2. Finance

    Nine rights are necessary to purchase one share of Fogel stock at $50. A right sells for a $4. The ex-rights value of Fogel stock is

  3. Math

    Ramek sold 100 shares of stock for $58 a share. He paid $49 a share for the stock three years ago. How much was his capital gain?

  4. Finance

    The next dividend payment by Hot Wings, Inc., will be $2.10 per share. The dividends are anticipated to maintain a 5 percent growth rate forever. If the stock currently sells for $48 per share, the required return is percent. (Do

  1. accounting

    Finishing Touches has two classes of stock authorized: 8%, $10 par preferred and $1 par value common. The following transactions affect stockholders' equity during 2010, its first year of operations: January 2 Issue 100,000 shares

  2. math

    An investor purchases 75 shares at 37.90 a share, holds the stock for 150 days, and then sells the stock for 41.20 a share. Find the annual interest rate earned. principal under 3000 3000-10,000 over 10,000 commission 32+1.8% of

  3. Human Resources

    In 2003, a company employee received an option to purchase the company's stock at $45 per share. If the stock is trading at $40 a share in 2003, the employee will most likely... Is it to exercise the option, receiving a gain of

  4. math

    Tumblr's stock price is $38 per share. Anjie purchased 600 shares. Assuming a broker's commission of $0.10 per share to purchase the 600 shares, what was Anjie's total cost? A. $23,400 B. $22,800 C. $22,860 D. $22,740 My answer is

  1. accounting

    Jones Company is authorized to issue 20,000 shares of no-par, $5 stated-value common stock and 5,000 shares of 9%, 100 par preferred stock. It enters into the following transaction: 1. Accepts a subscription contract to 7,000

  2. Accounting

    The entry to record Red’s purchase of 10,000 shares of its common stock at $75.00 per share includes a A. debit to treasury stock for $750,000. B. debit to retained earnings for $750,000. C. credit to common stock for $50,000.

  3. math

    suppose walmart stock is selling at $59 a share and mattel stock is selling at $28 a share. Amy waller has a maximum of $6000 to invest. she wishes to purchase four times as many shares of walmart as of mattel. only whole shares

  4. Finance

    Tuttle Buildings Inc. has decided to go public by selling $5,000,000 of new common stock. Its investment bankers agreed to take a smaller fee now (6% of gross proceeds versus their normal 10%) in exchange for a 1-year option to

You can view more similar questions or ask a new question.