Hamilton Ltd

question 50

Multiple Choice

Hamilton Ltd.has both common shares and non-participating, non-cumulative preferred shares outstanding.The book value per common share is NOT affected by

• A)the declaration of a preferred stock dividend.
• B)the declaration of a common stock dividend when the market price of the common is
• Equal to its issue price.
• C)a 2-for-1 split of the common shares.
• D)the payment of a previously declared cash dividend on the common shares.

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