What should the stock dividend be so as to result in the


(Stock dividend) Templeton Care? Facilities, Inc. was contemplating a stock dividend. The? firm's stock price had risen over the last three years and was trading at ?$148.57 per share. The? firm's board of directors felt that the trading range should be around ?$49 to ?$99,so they wanted to initiate a stock dividend? that, other things remaining the? same, would result in a ?$49 share price. What should the stock dividend be so as to result in the desired change in the? firm's stock? price?

a) The stock dividend shold be ( )?%. ?(Round to one decimal? place.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What should the stock dividend be so as to result in the
Reference No:- TGS02383544

Expected delivery within 24 Hours