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The market value balance sheet for Murray Manufacturing is shown here. The company has declared a 2 5 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 There are shares of stock
outstanding.
What will the exdividend price be
Note: Do not round intermediate calculations and round your answer to decimal places,
eg
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