Question
Shares in Growth Corporation are selling for $95 per share. There are 14 million shares outstanding. The stock pays a 45 percent stock dividend. After
Shares in Growth Corporation are selling for $95 per share. There are 14 million shares outstanding. The stock pays a 45 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. Please find Both>
Outstanding shares = ?
Number million Price per share = ?
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Multinational Business Finance
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
15th Global Edition
129227008X, 9781292270081
