Tangshan Mining Has 100,000 Shares Outstanding and Just Declared a 20

question 6

Multiple Choice

Tangshan Mining has 100,000 shares outstanding and just declared a 20% stock dividend. Before the announcement, the firm's shares were trading at $50.00 per share. After the stock dividend, the firm's shares should trade at ________ per share.

• A) $40.00
• B) $41.66
• C) $46.33
• D) remain unchanged

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Definitions:

Netherlands

A country in Western Europe known for its flat landscape, canals, tulip fields, windmills, and cycling routes.

Socioeconomic Status

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