Fresh Baked Goods has 36,800 shares of stock outstanding at a market price of $24.91per share.What will be the price per share after a stock dividend of 6 percent? Ignore taxes and market imperfections.
A) $24.90
B) $23.50
C) $25.00
D) $25.31
E) $25.40
Correct Answer:
Verified
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