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please no handwriting QI. HBF company has 50,000 shares outstanding which worth $1 million in total. The Balance sheet of the company shows $250,000 of

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QI. HBF company has 50,000 shares outstanding which worth $1 million in total. The Balance sheet of the company shows $250,000 of cash and $750,000 of other assets. If the company issues a $1- per share cash dividend, how is the shareholder wealth affected? (2 Marks)

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