Suppose the stock of Host Hotels & Resorts is currently trading for $20 per share. a. If

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Suppose the stock of Host Hotels & Resorts is currently trading for $20 per share.

a. If Host issued a 20% stock dividend, what will its new share price be?

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

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

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Corporate Finance

ISBN: 9781292304151

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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