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Heidi Owns 400 Shares of Boyd Enterprises Stock, Which Is

question 56

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Heidi owns 400 shares of Boyd Enterprises stock, which is valued at $13 a share.Boyd Enterprises just declared a stock dividend of 4 percent.How many shares will Heidi own and what will be the price per share after the dividend?

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Definitions:

Multiplier

A component that increases the range of a measuring device by appropriately scaling the input quantity.

Multiturn Variable

Describes a type of variable resistor or potentiometer that allows for precise adjustment over multiple rotations of its knob or dial.

Wiper Arm

A movable contact in variable resistors or potentiometers that slides across a resistive element to vary resistance.

Wire-Wound

Referring to a type of resistor or inductor where wire is wound around a core to create electrical resistance or inductance.

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