CCR stock is currently trading at $63 per share.If CCR issues a 25% stock dividend,what would its new share price be?

Question

Quizplus · Accepted Answer

To find the new share price after a 25% stock dividend, we can use the formula:

New share price = Original share price / (1 + Stock dividend percentage)

Substituting the given values, we get:

New share price = 63 / (1 + 0.25) = 63 / 1.25 = $50.40

Therefore, the best choice is A, with a new share price of $50.40.

CCR Stock Is Currently Trading at $63 Per Share