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The market value balance sheet for Murray Manufacturing is shown here. The company has declared a 2 0 percent stock dividend. The stock goes ex
The market value balance sheet for Murray Manufacturing is shown here. The company has declared a percent stock dividend. The stock goes ex dividend tomorrow the chronology for a stock dividend is similar to that for a cash dividend
Market Value Balance Sheet
Cash $ Debt $
Fixed assets Equity
Total $ Total $
a
There are shares of stock outstanding. What is the current share price? Do not round intermediate calculations and round your answer to decimal places, eg
b What will the exdividend price beDo not round intermediate calculations and round your answer to decimal places, eg
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