| Course Hero X Bb Week 10 (04-18-2022) - BUS205- x MindTap - Cengage Learning * ASA College | Brooklyn & Manha x 2? https://portal.asa.edu/secure/Stu x + X C https:/g.cengage.com/staticb/ui/evo/index.html?deploymentld=59440722375013485425961657319&leISBN=9781337403047&id=144... A Q & G to ... Nicole v CENGAGE | MINDTAP Q Search this course ? My Home Ch 10: End-of-Chapter Problems - The Features of Stock X Courses Back to Assignment Catalog and Study Tools Attempts Average / 3 3. Problem 10-03 A-Z Rental Options College Success Tips eBook Problem 10-03 Career Success Tips Jersey Medical earns $9.00 a share, sells for $70, and pays a $5 per share dividend. The stock is split two for one and a $2.5 per share cash dividend is declared. RECOMMENDED FOR YOU a. What will be the new price of the stock? Round your answer to the nearest dollar. Study Tools $ b. If the firm's total earnings do not change, what is the payout ratio before and after the stock split? Round your answers to one decimal place. Payout ratio before the split: Study Tools for Introductory Corporate Finance Payout ratio after the split: % ? Help Grade it Now Save & Continue Give Feedback Continue without saving 57 F 4:43 PM 4/24/2022 49 Sunny