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A firm has 1,000 shares of stock outstanding with a par value of $1.00 per share and a market price of $36 a share. The

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A firm has 1,000 shares of stock outstanding with a par value of $1.00 per share and a market price of $36 a share. The firm just announced a 20 percent small stock dividend. What will be the approximate stock price and par value of the stock after the stock dividend, assuming that no information changes the market value of the company's equity? Select one: a. $30; $1.25 b. $30; $1.00 c. $30; $1.20 d. $36: $1.00 e. $36; $0.83

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