Melon Inc has 20 million shares of common stock outstanding, net income is $5,000,000 and the stockholders equity portion of the company is given below; Common stock (5 million shares at $10 par value) $50,000,000 Capital in excess of par 17,000,000 Retained Earnings 33,000,000 $100,000,000 Current market value of the company's stock is $20 per share. If the company issued 10% stock dividend, how much will be the current market value of the new shares issued? * 6,000,000 15,000,000 10,000,000 600,000