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Dunder Imports has common stock outstanding at a market price of $57 per share. The total market value of the firm is $5,130,000. The firm
Dunder Imports has common stock outstanding at a market price of $57 per share. The total market value of the firm is $5,130,000. The firm plans on liquidating one of its divisions for $500,000 in cash, after taxes, and distributing the proceeds to the shareholders in the form of a liquidating dividend. What will be the amount per share of that dividend?
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