Question: Please answer all parts! 7. Problem 15-07 (Stock Split) Stock Split Suppose you own 5,000 common shares of Laurence Incorporated. The EPS is $11.00, the

Please answer all parts! Please answer all parts! 7. Problem 15-07 (Stock Split) Stock Split Suppose

7. Problem 15-07 (Stock Split) Stock Split Suppose you own 5,000 common shares of Laurence Incorporated. The EPS is $11.00, the DPS is $3.00, and the stock sells for $60 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. $ 7. Problem 15-07 (Stock Split) Stock Split Suppose you own 5,000 common shares of Laurence Incorporated. The EPS is $11.00, the DPS is $3.00, and the stock sells for $60 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. $

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