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QUES 8 The market value balance sheet for Tidwell Manufacturing is shown here. Tidwell has declared a 15 percent stock dividend. The stock goes ex-dividend

QUES 8

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The market value balance sheet for Tidwell Manufacturing is shown here. Tidwell has declared a 15 percent stock dividend. The stock goes ex-dividend tomorrow (the chronology for a stock dividend is similar to that for a cash dividend). There are 25,000 shares of stock outstanding. Required: What will the ex-dividend price be

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