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Cookies and Cream has 41,000 shares outstanding at a market price of $90.38. What will the share price be if the company declares a stock

Cookies and Cream has 41,000 shares outstanding at a market price of $90.38. What will the share price be if the company declares a stock dividend of 20 percent?

Multiple Choice $82.85 $79.08 $75.32 $108.46 $90.38

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