SOLUTIONS TO TUTORIAL 3 BLOCK 2.pdf

SOLUTIONS TO TUTORIAL 3 BLOCK 2.pdf - TUTORIAL 3 SOLUTIONS...

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TUTORIAL 3 SOLUTIONS: BLOCK 2 2016 1 A 2 C 3 C 4 C Dividend per share = R1000/100=R10 per share. Value of share = R10/0.1=R100 5 B 6B. 7A. The stock price will decrease by the after tax dividend= $5(1-t)=5(1-0.2) =R4
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  • Fall '17
  • D. McClelland
  • tax dividend=, ) =R4

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