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Stock dividend-Investor Personal Finance Problem Security Data Company has oustanding 30,000 shares of common atock currenty solkng at $37 per share. The frm most roconty

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Stock dividend-Investor Personal Finance Problem Security Data Company has oustanding 30,000 shares of common atock currenty solkng at $37 per share. The frm most roconty had earnings available for common stockholders of $123,000, but it has deoded to retain these funds and is considering a 15% stock dividend in lieu of a cash dividend. a. Determine the firmis current eamings per share. b. If Sam Waller currently owns 600 shares of the firmin stock, determine his proportion of ownerahip currently and under the proposed t5\% s sock dividend plan c. Calculate the macket price per share under the 15% stock dividend plan. d. For the proposed 15% stock dividend plan, calculase the earnings per share afler payment of the stock dividend. 6. What is the value of Sam's holdings under the 15% stock dividend plan? f. Should 5 am have any preference wth respect to the proposed steck dividand? a. The Erris current earnings per share is 1 (Round to the nearest cent) b. If Sam currently owns 600 shares of the firm's stock, the preporsen of the fim San currenfly owns is (Round to tro decimar places) The proporton of the fim Blam wite own afier the 15\% stock divdend is 8. (Fhound to two decimal places). c. if Securify pays a 15% stock dividend, the market price of stook atier the divedend is 1 (Round to few neareut cent.) d. The firm's eamings per share ater payment of the stock divdend is 1 (dRound to the nerest cent) 6. The value of Samis holdings before the stock divisend is 3 (Rhound to the nearest dolac) The value of 5am is holdings after the stock dividend is 1 (RRound is the nearest dolar) 1. Should Sam have any preterence with respect to the propoted atock dindend plan? (Select the best anser below) A. Sam should have no preterence becouse his total value wal remain essentialy the sume. A. Sam should prefer a 15% stock dividend because he will haye more ahares. c. Sam should prefer a 15% stock dividend because his toew value wal be shonficarfy more

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