Panther Corporation has 5 million shares currently outstanding at a price of $ 2 5 per share.

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Question:

Panther Corporation has

5

million shares currently outstanding at a price of $

25

per share. The company declares a

30 %

stock dividend. Calculate the value of the firm before and after the stock dividend. What is the new price per share? Show clearly each step of your calculations.

Posted Date: May 18, 2024 06:00 PM

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Panther Corporation has 5 million shares currently outstanding at a price of $ 2 5 per share.

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