These companies are considering a stock dividend as follows. Required: Calculate the new share price after the
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Required:
Calculate the new share price after the stock dividend.
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B Ltd. DLtd A Ltd. $40.00 C Ltd 90.00 33.00 $22.00 50,000 600,000 400,000 Current share price Number of shares outstanding Proposed stock dividend Number of new shares issued 10,000,000 under stock dividend 20,000,000 2,200,000 600,000 2,000,000
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Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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