Aboulafia Logistics has 15,000 shares of stock outstanding with a par value of $1 per share and

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Aboulafia Logistics has 15,000 shares of stock outstanding with a par value of $1 per share and a market value per share of $8. The firm just announced a stock dividend of 10 percent. What will be the market price per share after the dividend?

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Dec 28, 2023 04:58 AM

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Aboulafia Logistics has 15,000 shares of stock outstanding with a par value of $1 per share and

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A 10 stock dividend means that for every 10 shares of Aboulafia Logistics stock that an investor cur... View the full answer

Corporate Finance

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