Aboulafia Logistics has $15,000$ shares of stock outstanding with a par value of $$1$ per share and a market value per share of $$8.$ The firm just announced a stock dividend of $10$ percent. What will be the market price per share after the dividend?

Aboulafia Logistics has $15,000$ shares of stock outstanding with a par value of $$1$ per share and a market value per share of $$8.$ The firm just announced a stock dividend of $10$ percent. What will be the market price per share after the dividend?

$$7\mathrm{.}20$

$$8\mathrm{.}80$

$$8\mathrm{.}00$

$$7\mathrm{.}27$

$$7\mathrm{.}33$