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Stockdividends and stock splits Companies sometimes employ stock splits to bring down the price of its shares so that the stock is more attractive to

Stockdividends and stock splits
Companies sometimes employ stock splits to bring down the price of its shares so that the stock is more attractive to potential investors.
Consider the case of Green Moose Industries:
share is too high. The company is planning to conduct a 2-for-1 stock split.
stock remains the same before and after the split-should be
per share.
shareholders. Blue Elk Manufacturing currently has 3,300,000 shares of common stock outstanding.
If Blue Elk pays a 7% stock dividend, how many total shares of common stock will be outstanding after the stock dividend?
3,354,450 shares
3,531,000 shares
3,001,350 shares
4,413,750 shares
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