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The following data (in millions) apply to Hill's Hiking Equipment: The company plans on distributing $900 million through dividend. Assuming the dividend distribution does not

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The following data (in millions) apply to Hill's Hiking Equipment: The company plans on distributing $900 million through dividend. Assuming the dividend distribution does not signal new information, what will be the intrinsic stock price per share after the stock dividend distribution? $52.50 $47.50 $60.33 $48.33 $50.00

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