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Storico currently has 3 5 , 0 0 0 shares outstanding that sell for $ 4 7 . 9 2 per share. The company plans

Storico currently has 35,000 shares outstanding that sell for $47.92 per share. The company plans to issue a stock dividend of 10 percent. How many new shares will be issued?
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3,640 shares
3,750 shares
38,500 shares
3,500 shares
35,000 shares
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