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Please adhere exactly to all rounding instructions (in red), or the answer will be incorrect. Please/Thanks, definite thumbs up! Question 11 1 pts The market
Please adhere exactly to all rounding instructions (in red), or the answer will be incorrect. Please/Thanks, definite thumbs up!
Question 11 1 pts The market value balance sheet for Bigham Manufacturing is shown here. Market Value Balance Sheet Cash $138,000 $134,000 Debt Fixed assets Equity 601,000 605,000 $739,000 $739,000 Total Total Bigham has declared a 29% stock dividend. The stock goes ex dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are currently 55290 shares outstanding. What is the stock price today? (Round answer to 2 decimal places. Do not round intermediate calculations) Topic: Stock Dividend
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
