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Question 14 0 out of 1 points Sam owns 1,000 shares of XYZ Corporations common stock. The stock has a par value of $1 per share and is currerty seling for S80 per share. XYZ stock dividend, in a perfect capital market, after the dividend Sam will have es a 20%
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Answer #1

Shares = 1,000 shares + (1,000 shares * 20%) = 1,200 shares

Price = (1,000 * $80) / 1,200 = $80,000 / 1,200 = $66.67

In a perfect capital market, after the dividend Sam will have 1,200 shares selling for $66.67 each.

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