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?
Determine the new number of shares outstanding in parts
(a) through (d).
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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