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QUESTION 3 Seagull Electronics.Co., Ltd has recently sold one of his latest high-tech design to an outside firm for $30 million. In regard to stock

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QUESTION 3 Seagull Electronics.Co., Ltd has recently sold one of his latest high-tech design to an outside firm for $30 million. In regard to stock price and the value of the company, justify the usage of the extra cash earned by the company in paying dividend to the shareholders. (10 marks)

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