A B C D Chapter 17-Dropbox 4.4 E F G H Problem 1: Stock Splits and Stock Dividends Simmons Mineral Operations, Inc., (SMO) currently has 490,000 shares of stock outstanding that sell for $73 per share. Assuming no market imperfections or tax effects exist, calculate both the share price and number of outstanding charge after a) SMO has a five-for-three stock split? b) SMO has a 15 percent stock dividend? c) SMO has a 42.5 percent stock dividend? d) SMO has a four-for-seven reverse stock split? Create your Original Solution Below - Be sure to show all calculations and clearly indicate answer