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A Company pays a share dividend of 1 new share for 4 old shares. If the current share price is $10 per share, what would
A Company pays a share dividend of 1 new share for 4 old shares. If the current share price is $10 per share, what would be the new share price after the share dividend has been paid?
a) $8 b) $7.5 c) $10 d) None of the above.
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