Suppose that you own 1 , 2 0 0 shares of Nocash Corporation and the company is

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Question:

Suppose that you own

1, 200

shares of Nocash Corporation and the company is about to pay a

25 %

stock dividend. The stock currently sells at $

115

per share.

What will be the number of shares that you hold after the stock dividend is paid?

What will be the total value of your equity position after the stock dividend is paid?

What will be the number of shares that you hold if the firm splits five

-

for

-

four instead of paying the stock dividend?

Note: For all requirements, do not round intermediate calculations.

Posted Date: May 18, 2024 04:01 PM

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Suppose that you own 1 , 2 0 0 shares of Nocash Corporation and the company is

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