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papahomer papahomer
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6 years ago
Holden Corporation has declared a stock dividend that pays 5 shares of stock for every 10 0 shares owned. What will happen to EPS immediately upon the distribution of the stock dividend?
A) EPS will increase by 5%.
B) EPS will decrease by 5%.
C) EPS will not be affected by the stock dividend.
D) EPS will decrease by 4.76%.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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6 years ago
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papahomer Author
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6 years ago
Thanks for your help!!
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This site is awesome
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Good timing, thanks!
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