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Storico currently has 16,000 shares outstanding that sell for $45.45 per share. The company plans to issue a stock dividend of 12.5 percent. How many

Storico currently has 16,000 shares outstanding that sell for $45.45 per share. The company plans to issue a stock dividend of 12.5 percent. How many new shares will be issued? Multiple Choice 18,000 shares 16,000 shares 2,140 shares 2,250 shares 2,000 shares

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