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Safari File Edit View History Bookmarks Window Help Question 6 (of 9 6. 133 points Assume that you own 70 shares of common stock of
Safari File Edit View History Bookmarks Window Help Question 6 (of 9 6. 133 points Assume that you own 70 shares of common stock of a company, that you have been receiving cash dividends of $3 per share per year, and that the company has a 3-for-2 stock splt Required: a. How many shares of common stock will you own after the stock spit? b. What new cash dividend per share amount will result in the same total dividend income as you received before the stock split? (Do not round intermediate calculations Round your answer to places.) per share G. What stock dividend percentage could have accomplished the same end result as the 3-for-2 stock spi? Learning Oejective: 08-04 Descibe what stock dividends and stock slits are why each is used Disiculty: 1 Easy Worksheet
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