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Hunter Ltd

Question 5

Multiple Choice

Hunter Ltd.declares a 10% share dividend on December 31,2020.Currently Hunter has 10,000 shares outstanding.The market value of the shares on the date of declaration is $1 per share.The value to be assigned to this share dividend is


A) $1,000
B) $4,000
C) $6,000
D) $8,000
E) $9,000

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