Question: Assignment: Chapter 15 Assignment Score: 40.00% Save Submit Assignment for Grading Questions Problem 15-07 (Stock Split) Question 4 of 5 Check My Work nii eBook

 Assignment: Chapter 15 Assignment Score: 40.00% Save Submit Assignment for Grading

Assignment: Chapter 15 Assignment Score: 40.00% Save Submit Assignment for Grading Questions Problem 15-07 (Stock Split) Question 4 of 5 Check My Work nii eBook Stock Split Suppose you own 2,000 common shares of Laurence Incorporated. The EPS is $8.00, the DPS is $2.75, and the stock sells for $65 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have? Round your answer to the nearest whole number. shares What will the adjusted EPS and DPS be? Round your answers to the nearest cent. EPS $ DPS $ What would you expect the stock price to be? Round your answer to the nearest cent. Check My Work

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