vered Murphy's, Inc., has 32.300 shares of stock outstanding with a par value of $1 per share. The market value is 512 per share. The balance sheet shows $88,550 in the capital in excess of par account. $32.300 in the common stock account and $154,950 in the retained earnings account. The firm just announced a stock dividend of 12 percent. What will the market price per share be after the dividend? stion Select one: a. $11.71 b. $10.71 o c.$11.61 d. $12.00 e. $12.61