Suppose the stock of Jagdambay Exports Corporation is currently trading at $20 per share. Assume that there

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Suppose the stock of Jagdambay Exports Corporation is currently trading at $20 per share. Assume that there are 6000 shares outstanding. Please explain how each step is done.

a) If company issued a 20% stock dividend, what will its new price be?

b) If company does a 3:2 stock split, what will its new share price be?

c) If company does a 1:3 reverse split, what will its new share price be?

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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Posted Date: Feb 13, 2024 01:57 AM

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Suppose the stock of Jagdambay Exports Corporation is currently trading at $20 per share. Assume that there

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Entrepreneurial Finance

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