The Baldwin Locomotive Works Inc.manufactures steam locomotives for North American railways.Selected financial information for Baldwin is provided in the table below.The CFO,Matthias Baldwin,wants to distribute $1B of cash by means of an extra dividend.What will the stock price be after the dividend?
Baldwin Locomotive Works Inc.
Selected Financial Information
A) $56.06
B) $62.73
C) $68.73
D) $69.39
E) $72.26
Correct Answer:
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