The stock in a real estate corporation was selling for $78 per share with an annual dividend of $1 86 It underwent a 3 for 2 split a What was the value of one share of the stock after the split b What was the annual dividend after the split ...

The stock in a real estate corporation was selling for $78 per share with an annual dividend

Question:

The stock in a real estate was selling for $78 per share with an annual of $1.86. It underwent a 3-for-2 split.
a. What was the value of one share of the stock after the split?
b. What was the annual after the split?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...