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Pease help teach me how to do this Covid 19 has me lost !! The Alpine Aircraft Co. has the following capital structure: Common stock
Pease help teach me how to do this Covid 19 has me lost !!
The Alpine Aircraft Co. has the following capital structure:
Common stock ($2 par) $76 million
Paid-in capital $817 million
Retained earnings $910 million
A. What was the stock price at the time of original issue?
B. Show the capital structure if the firm declares a 5% stock dividend and the current stock price is $58.
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