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P17-4 Stock Splits and Stock Dividends [LO3] Simmons MineralOperations, Incorporated (SMO), currently has 129,000 shares ofstock outstanding that sell for $58 per share. Assume no
P17-4 Stock Splits and Stock Dividends [LO3] Simmons MineralOperations, Incorporated (SMO), currently has 129,000 shares ofstock outstanding that sell for $58 per share. Assume no marketimperfectio 1b. What will the share price be after SMO has a 16 percent stock dividend? 1c. What will the share price be after SMO has a 41 percent stock dividend? 1d. What will the share price be after SMO has a 1 answer
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
