Stock Split

Suppose you own $1,000$ common shares of Laurence Incorporated. The EPS is $$8\mathrm{.}00,$ the DPS is $$3\mathrm{.}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.

$