Question: Please show all calculations. If using Excel, please show formulas and data. Practice 9: You started with a market price of $30 and 10,000 shares.
Please show all calculations. If using Excel, please show formulas and data.
Practice 9:
You started with a market price of $30 and 10,000 shares. Calculate number of shares after the split and the per share price:
*please do this example 2 ways.
part a: calculate as 4 individual splits
part b: calculate splits as successive.... begin with the original market price and number of shares and calculate the price and number of shares after 4 consecutive splits
split 1: 2 for 7 split
split 2: 3 for 2 split
split 3: 2 for 5 split
split 4: 3 for 1 split
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