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?



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  • CreatedAugust 26, 2013
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