Generic Company pays a 10 percent stock dividend. There were 2 million shares of Generic Company stock outstanding before the stock dividend and the stock price before the dividend was $25. How many shares are outstanding after the dividend? What is the expected price of the stock following the dividend?

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The Answer of Generic Company pays a 10 percent stock dividend. There were 2 million shares of Generic Company stock outstanding before the stock dividend and the stock price before the dividend was $25. How many shares are outstanding after the dividend? What is the expected price of the stock following the dividend?

Generic Company Pays a 10 Percent Stock Dividend