You Own Stock in a Toronto fiRm That Has 1

question 114

Multiple Choice

You own stock in a Toronto firm that has 1.25 million shares outstanding. The current stock price is $13.50 per share. If the company issues a 10% stock dividend, what would you expect the stock
Price to be after the dividend is paid?

• A) $12.27
• B) $12.82
• C) $13.30
• D) $13.49
• E) $13.71

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Definitions:

Product Launch Press Conferences

Events organized to officially introduce a new product to the market, often attended by the media, industry analysts, and other stakeholders.

Highly Detailed Pitches

Targeted proposals or presentations often delivered to media outlets, detailing a story idea or product with extensive information to garner interest.

Timely Information

Relevant data or knowledge promptly delivered or obtained, crucial for decision-making processes.

Media Relations

The systematic effort to manage interactions and build relationships between an organization and the media to facilitate accurate coverage.