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Stock dividend: Investor Personal Finance Problem Security Data Company has 50,000 shares of common stock worth $35 per share. The firm most recently had

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Stock dividend: Investor Personal Finance Problem Security Data Company has 50,000 shares of common stock worth $35 per share. The firm most recently had earnings available for common stockholders of $123,000, but it has decided to retain these funds and is considering a 10% stock dividend in lieu of a cash dividend. a. Determine the firm's current earnings per share. b. If Sam now owns 500 shares, determine his proportion of ownership currently and under the proposed 10% stock dividend plan. c. Calculate the market price per share under the 10% stock dividend plan. d. For the proposed 10% stock dividend plan, calculate the earnings per share after payment of the stock dividend. e. What is the value of Sam's holdings under the 10% stock dividend plan? f. Should Sam have any preference with respect to the proposed stock dividend?

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