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question 24

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Definitions:

Economic Value

The value of an asset, product, or service determined through its ability to generate income or benefits for its owner.

Stock Dividend

A distribution of extra shares as a dividend, rather than distributing cash.

Stockholder Wealth

The total value of a shareholder's investment in a company, typically measured by the market value of shares held.

Flotation Costs

Expenses incurred by a company when it issues new securities, including underwriting fees and legal expenses.

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