Verbal communications inc has 14000 shares of stock


Verbal Communications, Inc., has 14,000 shares of stock outstanding with a par value of $1 per share and a market value of $32 per share. The firm just announced a 100 percent stock dividend. What is the market value per share after the dividend?

$46.00
$64.00
$16.00
$32.00

 

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Finance Basics: Verbal communications inc has 14000 shares of stock
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