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gl Sunland Company has 100,000 common shares outstanding. Because it wants to retain its cash for other purposes, the company decided to issue stock dividends
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Sunland Company has 100,000 common shares outstanding. Because it wants to retain its cash for other purposes, the company decided to issue stock dividends to its shareholders. The market price of each Sunland Company share was $23. What should happen to the market price of the company's shares if the company decides to declare and issue a 8% stock dividen (Round answer to 2 decimal places, e.8. 24.62.) Share price after the 8% stock dividend What should happen to the market price of the company's shares if instead of declaring the stock dividend the company decide: to split its shares two-for-one? (Round answer to 2 decimal places, es3. 24.62.) Share price after a 2-for-1 stock split Step by Step Solution
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