Question
Holden Corporation has declared a stock dividend that pays 5 shares of stock for every 10 0 shares owned. What will happen to EPS immediately
Holden Corporation has declared a stock dividend that pays 5 shares of stock for every 10 0 shares owned. What will happen to EPS immediately upon the distribution of the stock dividend? Explain answer
A.EPS will decrease by 4.76%.
B.EPS will not be affected by the stock dividend.
C.EPS will increase by 5%.
D.EPS will decrease by 5%.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
