Dividends Roll Corporation currently has 220,000 shares of stock outstanding that sell for $82 per share. Assuming

Question:

Dividends Roll Corporation currently has 220,000 shares of stock outstanding that sell for $82 per share. Assuming no market imperfections or tax effects exist, what will the share price be after?

a. RC has a five- for-two stock split?

b. RC has a 18 percent stock dividend?

c. RC has a 43 percent stock dividend?

d. RC has a three- for-seven reverse stock split?

e. Determine the new number of shares outstanding in parts (a) through (d)

a. RC has a five-for-two stock split?

b. RC has a 18 percent stock dividend?

c. RC has a 43 percent stock dividend?

d. RC has a three- for-seven reverse stock split?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...