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24.) A firm has 15,000 shares of stock outstanding with a market price of $36 per share. The firm just announced a 20% stock dividend.
24.) A firm has 15,000 shares of stock outstanding with a market price of $36 per share. The firm just announced a 20% stock dividend. How many shares will the firm have after the stock dividend? a.) 15,000 b.) 3,000 c.) 18,000 d.) None of the above 25.) What will the market price per share be after the stock dividend? a.) $18 b.) $24 C.) $30 d.) $48 e.) $54
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