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52 Suppose the stock of Host Hotels & Resorts is currently trading for $20 per share. a. If Host issued a 20% stock dividend, what
52
Suppose the stock of Host Hotels \& Resorts is currently trading for $20 per share. a. If Host issued a 20% stock dividend, what will its new share price be? b. If Host does a 3 : 2 stock split, what will its new share price be? c. If Host does a 1 : 3 reverse split, what will its new share price be? a. If Host issued a 20% stock dividend, what will its new share price be? If Host issued a 20% stock dividend, the share price will be per share. (Round to the nearest cent.) Step by Step Solution
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