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problem: Suppose that you own 600 shares of common stock of a company, that you have been receiving dividends of 6 dollar per share per year, & that the company has a 4 for three stock splits.

[A]   Find how many shares of common stock will you own after the stock split?

[B]   Determine the new cash dividend per share amount will result in the same total dividend income as you received before the stock split.

Basic Finance, Finance

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  • Reference No.:- M918928

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