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Question
Chandler Corporation has 1 million shares outstanding. The current price per share is $20. If the company decides to pay a $2 million dollar dividend, the company will have ________ shares outstanding worth approximately ________.A) 900,000, $20 per share
B) 1,000,000, $20 per share.
C) 900,000, $22.22 per share.
D) 1,000,000, $18 per share.
Answer
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Related questions
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