Assume that you own 3,000 shares of Briant, Inc.'s, common stock and that you currently receive cash dividends of $0.8 per share per year.

1. If Briant, Inc., declared a 6% stock dividend, how many shares of common stock would you receive as a dividend?

2. Calculate the cash dividend per share amount to be paid after the stock dividend that would result in the same total cash dividend

3. If the cash dividend remained at $0.8 per share after the stock dividend, what per share cash dividend amount without a stock dividend would have accomplished the same total cash dividend?