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A 10% dividend not make any difference whatsoever to the number of issued shares. Neither will it effect the book value of its shares.

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Q: Will a 10 percent stock dividend increase the number of shares outstanding and decrease the book value per share?
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Does the 70 percent dividend exclusion include preferred stock?

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A stock is expected to pay a dividend of 1 at the end of the year The required rate of return is rs 11 percent and the expected constant growth rate is 5 percent?

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