Assume perfect capital markets. kay industries currently has $ 100 million invested in short-term treasury securities paying 7 %, and it pays out the interest payments on these securities as a dividend. the board is considering selling the treasury securities and paying out the proceeds as a one-time dividend payment. a. if the board went ahead with this plan, what would happen to the value of kay stock upon the announcement of a change in policy? b. what would happen to the value of kay stock on the ex-dividend date of the one-time dividend? c. given these price reactions, will this decision benefit investors?

answer: nobody

explanation:

engine assembler, survey reasearcher, auditor

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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