You own 40,000 shares of stock of a company, representing 6 percent ownership. The company plans a 3-for-2 stock split. After the split,

a. how many shares would you own?

b. what percentage of the company would you own?

31. Based on Figure 7-3, answer the following questions.

a. The number of shares traded on Federal Express stock increased by 10 percent the next trading day. How many shares were traded the next day?

b. What was the closing price of Deere stock on the previous trading day?

c. Based on the closing price for Mattel, if the company paid an annual dividend of $1.26, what would be the yield?