Stock Splits for the company in problem 2, show how the equity accounts will change if. a.

Question:

Stock Splits for the company in problem 2, show how the equity accounts will change if.

a. Quadrangle declares a four-for-one stock split. How many shares are outstanding now? What is the new par value per share?

b. Quadrangle declares a one-for-five reverse stock split. How many shares are outstanding now? What is the new par value per share?

Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...