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Suppose that you own 2,500 shares of Nocash Corp. and the company i

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June 8th, 2024

Suppose that you own 2,500 shares of Nocash Corp. and the company is about to pay 25% stock dividend. The stock currently sells at $100 per share. What will be the total value of your equity position after the stock dividend is paid? (Do not round intermediate calculations.)

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