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What will be the share price

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Reference no: EM133048133

Problem - Shares in Raven Products are selling for $60 per share. There are one million shares outstanding. What will be the share price in each of the following situations? Ignore taxes.

a. The stock splits five-for-four.

b. The company pays a 14% stock dividend.

c. The company repurchases 87,000 shares.

Reference no: EM133048133

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