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A firm has 130,000 shares of stock outstanding with a par value of $1 per share and a market value of $38.40 per share. The
A firm has 130,000 shares of stock outstanding with a par value of $1 per share and a market value of $38.40 per share. The firm just announced a small stock dividend of 15%. What will be the market price per share after the dividend? A) $44.16 B) $38.40 C) $41.08 D) $32.90 E) $33.39
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
