Daniel Williams Services (DWS) has a market capitalization of $7 billion. There are 50,000,000 shares outstanding. The company wishes to declare a 12% stock dividend. How many ADDITIONAL SHARES will be created by the stock dividend? Please refer to the Daniel Williams Services (DWS) stock dividend information. What is the firm's current stock price? Holding other factors constant, how much should the stock sell for after the stock dividend?

1)

12,000

2)

6,000,000

3)	12,000,000

4)	None of the above

What is the firm's current stock price? Holding other factors constant, how much should the stock sell for after the stock dividend?

1)

$125

2)

$123.20

3)

$156.80

4)	None of the above