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Westhaven Corp. currently has 21000 shares outstanding that sells for 53 per share. The company plans to issue a stock dividend of 12.5 percent. The
Westhaven Corp. currently has 21000 shares outstanding that sells for 53 per share. The company plans to issue a stock dividend of 12.5 percent. The stock has a par value of $1. What is the total capital surplus on the new shares?
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Fundamentals Of Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
2nd Edition
0324406363, 978-0324406368
