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Gemini Co. has ten investors who contributed $10,000 apiece to start the company. The Board of Directors authorized 400 shares and issued 100 of
Gemini Co. has ten investors who contributed $10,000 apiece to start the company. The Board of Directors authorized 400 shares and issued 100 of them. What is the price per share of the stock? Two years later, Gemini Co buys back all the shares from two investors. How many shares outstanding are there? How many shares issued are there? How many shares of Treasury Stock are there? If the company declares a total dividend distribution of $4,000, what is the dividend per share? Please type your answer in whole numbers without decimals or dollar signs. Example: the answer is $10. Write "10" (without quotes) in the answer space.
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