Shares in Growth Corporation are selling for $30 per share. There are 8 million shares...

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Accounting

Shares in Growth Corporation are selling for $30 per share. There are 8 million shares outstanding. The stock pays a 40 percent stock dividend. After the dividend: How many shares will be outstanding? What will be the price per share?
Please state your answer in millions and to 2 decimal places.
Outstanding shares =
Number
million
Price per share =
Number

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