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Glendale Paving currently has 212,000 shares of stock outstanding that sell for $45 per share. Assume no market imperfections or tax effects exist. What will

Glendale Paving currently has 212,000 shares of stock outstanding that sell for $45 per share. Assume no market imperfections or tax effects exist. What will be the new share price if the firm declares a stock dividend of 20 percent

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