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const2013 [10]
3 years ago
6

Glendale Paving currently has 45,000 shares of stock outstanding that sell for $38 per share. Assume no market imperfections or

tax effects exist. What will be the new share price if the firm declares a stock dividend of 22 percent
Business
1 answer:
Aloiza [94]3 years ago
3 0

Answer:

$31. 15

Explanation:

From the question we are required to find the new stock price considering that no market imperfections or tax effects exist.

stock dividend = 22 percent

Amount per share = $38

At a a stock dividend of 22 percent, new share price would be

= $38(1 / 1.22)

= $31.15

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C) price lining

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1. A simple random sample of size 15 is drawn from a normal population whose standard deviation is assumed to be 8. What's the m
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Answer:

± 4.05

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