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samualson samualson
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5 years ago
Outpost has 2 million shares of common stock outstanding; net income is $300,000; the P/E ratio is 9; and management is considering an 18% stock dividend. What will be the expected effect on the price of the common stock? If an investor owns 300 shares in the company, how does this change his total value? Explain.
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Marc18Marc18
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5 years ago
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samualson Author
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#2
5 years ago
Marking this solved, moving on to the next...
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