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A firm just announced a 30% stock dividend. There are currently 60,000 shares outstanding and the total market value of equity is $3.6 million.
A firm just announced a 30% stock dividend. There are currently 60,000 shares outstanding and the total market value of equity is $3.6 million. What is the expected drop in the stock price on the ex-dividend date?
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When a firm announces a stock dividend the total number of shares outstanding increases but the tota...
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
9th edition
1259722619, 978-1260049190, 1260049191, 978-1259722615
