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You own 655 shares of a firm that has 85 million shares outstanding. The market price per share is $21.4. If the firm declares a
You own 655 shares of a firm that has 85 million shares outstanding. The market price per share is $21.4. If the firm declares a 20% stock dividend, how many shares will you own after the dividend is paid, and what will the market price per share be? 655 shares at $25.68 per share 655 shares at $17.83 per share 786 shares at $17.83 per share 786 shares at $17.12 per share
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