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9) A company with 95,000 authorized shares of $6 par commonstock issued 32,000 shares at $12. Subsequently, the companydeclared a 2% stock dividend on a

9) A company with 95,000 authorized shares of $6 par commonstock issued 32,000 shares at $12. Subsequently, the companydeclared a 2% stock dividend on a date when the market price was$20 per share. 2 answers

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