Bermuda Triangle Corporation (BTC) currently has 400,000 shares of stock outstanding that sell for $92 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a. BTC has a five-for-three stock split?
b. BTC has a 15 percent stock dividend?
c. BTC has a 42.5 percent stock dividend?
d. BTC has a four-for-seven reverse stock split?
e. Determine the new number of shares outstanding in parts (a) through (d).