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just 1,2 and 4 A only aging options section of the Preface for more information BASIC (Questions 1-11) LO 2 1. Dividends and Stock Prices

just 1,2 and 4 A only image text in transcribed
aging options section of the Preface for more information BASIC (Questions 1-11) LO 2 1. Dividends and Stock Prices Your portfolio is 200 shares of Canada ir portfolio is 200 shares of Callahan, Inc. The stock currently sells for $93 per share. The company has announ dividend of $1.43 per share with an ex-dividend date of April 19. AS no taxes, how much will your stock be worth on April 197 LO 2 2. Dividends and Stock Prices It is April 19. Using the information in the previous problem, what is your total portfolio value? LO2 . Die LO 3 4. Stock Dividends The owners' equity accounts for Masterson International are shown here: Common stock ($1 par value) Capital surplus Retained earnings Total owners' equity $ 45,000 157,000 603,000 $805,000 a. If the company's stock currently sells for $42 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change. If the company declared a 25 percent stock dividend, how would the accounts change? b

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