Question: I need help with these questions for my Homework for a Finance Subject. Please write the answers in a detailed manner. Question 1 X Corporation

I need help with these questions for my Homework for a Finance Subject. Please write the answers in a detailed manner.
Question 1
X Corporation currently has 400,000 shares pf stock outstanding that sell for $60 per share. Assuming no market imperfections or tax effects exist, what will the share price and the new number of shares outstanding in each cases below:
a) X has a 5 for 3 stock splits.
b) X has a 2 for 5 reverse stock splits.
c) X has a 20 percent stock dividend.
Question 2
Big Time, Inc., is proposing a right offering. Presently there are 350,000 shares outstanding at $64 each. There will be 50,000 new shares offered at $58 each.
a) What is the new market value of the company?
b) What is the ex-rights price?
c) What is the value of a right?

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