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Tootsie Roll Industries typically give 3% stock dividends each year until last two years. What happens to the stock price of Tootsie Roll when it
Tootsie Roll Industries typically give 3% stock dividends each year until last two years. What happens to the stock price of Tootsie Roll when it issues a 3% stock dividend?
The stock price rises about 3% that day
The stock price drops about 3% that day
The stock price tends to be unchanged that day
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