Question: Please answer these 2 questions for a like a good rating! 2. Merk has 670 million shares oustanding that currently trade at $420. If Merk

Please answer these 2 questions for a like a good rating!

2. Merk has 670 million shares oustanding that currently trade at $420.

If Merk pays a 20% stock dividend, what will be the new share price?

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

What will be the new stock price?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

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...

Q:

1.Baby Walz just announced a dividend of $10.5. Its last stock price while trading cum-dividend is $72.24. Assume that dividends are taxed at 15% and that taxes are withheld when the dividend is...

Q:

CASE STUDY Fund Voting in a Proxy Fight Institutional activism takes many forms, as we have seen. In most situations, mutual funds are drawn into the fray by the actions of others. Company management...

Q:

hello could you please help me with the case. Short answers thank you Chapter Nine Mutual Funds as Institutional Investors CASE STUDY Fund Voting in a Proxy Fight Institutional activism takes many...

Q:

QUESTION: PLEASE ANSWER 1 2 AND 3 CHAPTER 11 1. Is the company organized as a sole proprietorship, a partnership, or a corporation? How do you know? 2. What classes of stock does the company report?...

Q:

QUESTION: PLEASE ANSWER 1 2 AND 3 CHAPTER 11 1. Is the company organized as a sole proprietorship, a partnership, or a corporation? How do you know? 2. What classes of stock does the company report?...

Q:

QUESTION: PLEASE ANSWER 1 2 AND 3 CHAPTER 11 1. Is the company organized as a sole proprietorship, a partnership, or a corporation? How do you know? 2. What classes of stock does the company report?...

Q:

QUESTION: PLEASE ANSWER 1 2 AND 3 CHAPTER 11 1. Is the company organized as a sole proprietorship, a partnership, or a corporation? How do you know? 2. What classes of stock does the company report?...

Q:

QUESTION: PLEASE ANSWER 1 2 AND 3 CHAPTER 11 1. Is the company organized as a sole proprietorship, a partnership, or a corporation? How do you know? 2. What classes of stock does the company report?...

Q:

Please answer the following questions after reading Lectures 3,4 and 5: 1. Please list, describe and explain each one of the five major types of taxes as discussed in Lectures 3,4, and 5: What is the...

Q:

PlastiCo produces plastic pipe to customer specifications. Losses of less than 5 percent are considered normal because they are inherent in the production process. The company applies overhead to...

Q:

Consider an ideal Brayton cycle executed between the pressure limits of 1200 and 100 kPa and temperature limits of 20 and 10008C with argon as the working fluid. The net work output of the cycle is...

Q:

Last week, your cafe sold 3 , 7 0 0 cups of coffee. Demand is expected to decrease by 1 0 % for every 5 % increase in price. Your current price is $ 3 . 2 0 and you are considering raising your price...

Q:

( a ) Identify and describe three risk identification techniques in project management. ( b ) What are some of the benefits of each technique?

Q:

Is our compensation committee using the appropriate compensation advisors?pg 87

Q:

4. What are the pros and cons of broadbanding, and would you recommend your current employer (or some other firm youre familiar with) use it? Why or why not?pg 87

Q:

7. Explain in detail how to establish a market-competitive pay plan.pg 87