A firm's cash dividends were $1.98 per share of common stock for calendar 2016. In 2017, the stock was split 3-for-1, and in 2018 a 10% stock dividend was issued. Dividends per share for 2016, to be reported in the firm's annual report for 2018, are:
A) $1.98
B) $0.73
C) $0.66
D) $0.60
Correct Answer:
Verified
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