Shares in Raven Products are selling for $80 per share. There are 1 million shares outstanding. What
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Shares in Raven Products are selling for $80 per share. There are 1 million shares outstanding. What will be the share price in each of the following situations? Ignore taxes.
a. The stock splits five for four.
b. The company pays a 25% stock dividend.
c. The company repurchases 100,000 shares.
Transcribed Image Text:
$S0.0) Selling price Outstanding shares Stock splits Stock dividend Buy-back shares 100,000.00 1.00 milion 5 for 25.00% shares
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0078034640
7th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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