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

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

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

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

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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