Question: PLEASE ANSWER BOTH QUESTIONS FOR A LIKE AND GOOD RATING! THANKS :) 1. Merk has 510 million shares oustanding that currently trade at $409. If

PLEASE ANSWER BOTH QUESTIONS FOR A LIKE AND GOOD RATING! THANKS :)

1. Merk has 510 million shares oustanding that currently trade at $409.

If Merk pays a 80% stock dividend, what will be the new share price?

2. A company's stock price is $71. The company now does a 8-for-6 stock split.

What will be the new stock price?

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