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Your Corporation had 150,000 authorized, shares of $8.00 par value common stock. There were 75,000 shares issued and 15,000 shares of treasury stock when it
Your Corporation had 150,000 authorized, shares of $8.00 par value common stock. There were 75,000 shares issued and 15,000 shares of treasury stock when it decided to issue a 10% stock dividend. The market value at the date of the dividend was $20 per share. How many shares are outstanding after the stock dividend?
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