Question
Firm DEF is currently worth $9,033,860 and its shares are trading at $60 each. DEF is considering offering a 35% stock dividend. If it goes
Firm DEF is currently worth $9,033,860 and its shares are trading at $60 each. DEF is considering offering a 35% stock dividend. If it goes ahead with the stock dividend, what would be the stock price after the dividend is paid, holding all else constant?
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
