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What will be the market price per share after the dividend

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Reference no: EM132777163

Problem 1: Corner Mart has 130,000 shares of stock outstanding with a par value of $1 per share and a market value of $38.40 per share. The firm just announced a small stock dividend of 15 percent. What will be the market price per share after the dividend?

Reference no: EM132777163

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