CFA Level I sample question

CFA Level I dividends question

Equity Investments / Equity Valuation

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dividends sample question

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Equity Investments

Equity Valuation

A company's board declares a 10% stock dividend. Before the dividend, the share price is USD55 and 20 million shares are outstanding. Ignoring taxes and signaling effects, immediately after the stock dividend the share count and theoretical share price are closest to:

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