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ABC Inc. is an all equity firm. The stock price is currently $160 per share. The company has 105 million shares outstanding. The company is

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ABC Inc. is an all equity firm. The stock price is currently $160 per share. The company has 105 million shares outstanding. The company is going to pay a 44% stock dividend. In a perfect capital market what will be the stock price once the stock dividend is paid? $111.11 $160.00 $230.40 $85.11

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