20 Stock Splits and Stock Dividends Eurasion Natural Resources Corporation currently has 2.4 million shares outstanding that

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20 Stock Splits and Stock Dividends 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?

Determine the new number of shares outstanding in parts

(a) to (d).

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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Question Posted: Jul 19, 2024 05:04 PM

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20 Stock Splits and Stock Dividends Eurasion Natural Resources Corporation currently has 2.4 million shares outstanding that

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Corporate Finance

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