CormexIncPaid a Dividend of $0

question 99

Multiple Choice

CormexInc.paid a dividend of $0.75 per share.It forecasted a $1.90 per share in earnings and had a stock price of $27.Determine the stock price if Cormex declared a 10% stock dividend.

• A)$27.55
• B)$26.55
• C)$25.55
• D)$24.55

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Definitions:

Jewish Holocaust

The systematic, state-sponsored persecution and mass murder of six million Jews by the Nazi regime and its collaborators before and during World War II.

Jewish Holocaust

The genocide of approximately six million Jews during World War II by Nazi Germany and its collaborators.

Jewish Canadian

A citizen or permanent resident of Canada who is of Jewish heritage or faith, part of the diverse cultural mosaic of the country.

Sympathy

The feelings of pity and sorrow for someone else's misfortune, often leading to a desire to offer comfort or assistance.