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A firm has 50,000 common stock outstanding with a market value of P66 per share. The firm decided to issue a 10% stock dividend to

A firm has 50,000 common stock outstanding with a market value of P66 per share. The firm decided to issue a 10% stock dividend to its common stockholders. After the issuance of dividends, the market value of each share is expected to be P60.00 P72.60 P33.00 P66.00

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