Stock Splits and Stock Dividends Roll Corporation (RC) currently has 150,000 shares of stock outstanding that sell for $65 per share. Assuming no market imperfections or tax effects exist, what will the share price be after

a. RC has a five-for-three stock split?

b. RC has a 15 percent stock dividend?

c. RC has a 42.5 percent stock dividend?

d. RC has a four-for-seven reverse stock split?

Determine the new number of shares outstanding in parts

(a) through (d). LO.1