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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

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?

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