Southern Company had 40,000 $6 par common shares outstanding.
The shares had a market price of $15 per share. Southern was
considering the following two alternatives:

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100% stock dividend

2-for-1 stock split

For each (independent) alternative, give the number of
outstanding shares after the transaction, the par value per share
after the transaction, and the market price per share after the
transaction, if each alternative were to take place.

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