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Shares in Growth Corporation are selling for $70 per share. There are 5 million shares outstanding. The stock pays a 5 percent stock dividend. After
Shares in Growth Corporation are selling for $70 per share. There are 5 million shares outstanding. The stock pays a 5 percent stock dividend. After the dividend: How many shares will be outstanding? What will be the price per share? Please state your answer in millions and to 2 decimal places. Outstanding shares = Number million Price per share= Number
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