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Samsonite has declared a 90% stock dividend. At the time of the declaration, Samsonite's stock was selling for $250 per share. If Samsonite's total market

Samsonite has declared a 90% stock dividend. At the time of the declaration, Samsonite's stock was selling for $250 per share. If Samsonite's total market value remains unchanged by the stock dividend, then what will the new stock price be once the dividend has been enacted?

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