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ABC Inc. is an all equity firm that is operating in a perfect capital market. The company has a value of $386,000,000. The company has

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ABC Inc. is an all equity firm that is operating in a perfect capital market. The company has a value of $386,000,000. The company has 1,900,000 common shares outstanding. The company is going to do a 40% stock dividend. After the stock dividend is completed what will be the new price per share? Your answer should be accurate to two decimal places. Answer: X (145.11)

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