Eurasion Natural Resources Corporation currently has 2.4 million shares outstanding that sell for 5.16 per share. Assuming

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Eurasion Natural Resources Corporation currently has 2.4 million shares outstanding that sell for £5.16 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

(a) A three-for-two stock split?

(b) An 8 per cent stock dividend?

(c) A 20 per cent stock dividend?

(d) A two-for-three reverse stock split?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:03 AM

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Eurasion Natural Resources Corporation currently has 2.4 million shares outstanding that sell for 5.16 per share. Assuming

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a After a threefortwo stock split the number of shares outstanding wi...View the full answer

Corporate Finance

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