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5. Firm E has 1 million shares outstanding. Its stock price is $120. Based on lecture note 9 Section 6 stock dividends and splits a.

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5. Firm E has 1 million shares outstanding. Its stock price is $120. Based on lecture note 9 Section 6 stock dividends and splits a. If firm E issues a 20% stock dividend, what will be its new share price? b. If firm E does a 3:2 stock split, what will be its new share price? c. If firm E does a 1 for 3 reverse split, what will be its new share price

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