Question: Chapter 14 - Dividends and Dividend Policy Saved Bermuda Triangle Corporation (BTC) currently has 395,000 shares of stock outstanding that sell for $83 per share.

Chapter 14 - Dividends and Dividend Policy Saved Bermuda Triangle Corporation (BTC) currently has 395,000 shares of stock outstanding that sell for $83 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g.. 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) Sipped 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. a. Price per share Shares outstanding b. Price per share Shares outstanding Price per share Shares outstanding Price per share Shares outstanding

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