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Phil s Flowers ( PF ) currently has 5 , 6 0 0 , 0 0 0 shares of stock outstanding that sell for $

Phils Flowers (PF) currently has 5,600,000 shares of stock outstanding that sell for $117 per share. Assuming no market imperfections or tax effects exist, what will be the total number of shares and the share price after each of the following? (Please consider each one independently).
c) PF has a $2.50 cash dividend? (2 marks)

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