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Question 30 Not yet answered Marked out of 2.50 P Flag question BHP Ltd has 2,000,000 ordinary shares outstanding currently selling at $41 per share.

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Question 30 Not yet answered Marked out of 2.50 P Flag question BHP Ltd has 2,000,000 ordinary shares outstanding currently selling at $41 per share. The firm most recently had earnings available for ordinary shareholders of $2,800,000, but it has decided to retain these funds and is considering a 6% share dividend instead of a cash dividend. At what market price would you expect the shares to sell after the share dividend? Please round your answer to the nearest one cent but exclude the $ sign when typing your answer (e.g. $12.424 should be answered as 12.42)

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