Question
UbeD Inc., has 1,000 shares of stock outstanding with a par value of $1 per share. The market value is $25 per share. The firm
UbeD Inc., has 1,000 shares of stock outstanding with a par value of $1 per share. The market value is $25 per share. The firm just announced a stock dividend of 20 percent. What will the market price per share be after the stock dividend?
Group of answer choices
$30
$20.83
$125
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
