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smithc52 smithc52
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2 months ago
Saguenay Resort Inc. and Gaspésie Spa Inc. both have 100,000 shares outstanding and both shares currently trade at $10 per share. Saguenay Resort Inc. pays a dividend of $1 per share while Gaspésie Spa Inc. distributes a 10% stock dividend. After the dividends are paid/distributed, the number of shares outstanding for Saguenay Resort Inc. and Gaspésie Spa Inc., respectively, are

▸ 90,000; 100,000.

▸ 100,000; 110,000.

▸ 110,000; 90,000.

▸ 100,000; 100,000.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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sillysquirrelsillysquirrel
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smithc52 Author
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2 months ago
You make an excellent tutor!
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Good timing, thanks!
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2 hours ago
Thanks
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