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Question Content Area Vincent Corporation has 95,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to

Question Content Area Vincent Corporation has 95,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $124 a share on June 30.

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