What will the price per share, Accounting Basics

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What will the price per share

Cookies and more has 8,000 shares of stock outstanding at a market price of $13.60 per share. what will the price per share be after the firm declares a 10 percent stock dividend? Ignore taxes and market imperfections.

a- 12.24

b- 12.36

c- 13.60

d- 14.96

e- 15.00

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