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Calculate market price per share after stock dividend

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Masyland Inc. has 3,000,000 shares of stock outstanding selling for 4500 per share. The board has just declared a 20% stock dividend. If all other factors affecting the stock's price remain unchanged, calculate the market price per share after the stock dividend, and the total value of all shares of stock - before and after the dividend - held by an investor who owned 100 shares prior to the dividend.

Reference no: EM131086446

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