If flotation costs for common stock issue are 18 percent, how large must the issue be so that the firm will net $5, 800,000? If the stock sells for $85 per share, how many shares must be issued? RCB has 2 million shares of common stock outstanding. Net income is $550,000, and the P/E ratio for the stock is 10. Management is planning a 20-percent stock dividend. a. What will be the price of the stock after the stock dividend? b. If an investor owns 100 shares before the stock dividend, does the total value of his or her shares change? Explain