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7. JMJ Corp. has 2.0 million shares of $2 par value common stock outstanding. The stock is trading at $15 per share. The company has declared a 25% stock dividend. ra. What will be the number of common shares outstanding after the dividend? b. What will be the share price after the dividend? $ % 8. IHM Inc. has 2.0 million shares of $2 par value common stock outstanding. The stock is trading at $15 per share. The company has declared a 5 for 4 stock split. a. What will be the number of common shares outstanding after the split? b. What will be the share price after the split? $