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What will the ex-dividend price be

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Question - The statement of financial position, from a market value, is shown below for AAA Corporation. AAA has declared a 25% stock dividend. The stock goes ex dividend tomorrow. There are currently 13,000 shares of stock outstanding. What will the ex-dividend price be?

Market Value Statement of Financial Position:

Cash = $83,000

Debt = $121,000

Fixed Assets = 575,000

Equity = 537,00

Total asst = $658,000

Total debt and equity = $658,000

Reference no: EM133033802

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