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Airgas' stock currently sells for $12.50 a share. What type of stock split does the firm need to do if it wants to increase the price so that it trades around $37.50 a share? 2-for-5 reverse stock split 1-for-3 reverse stock split 1-for-4 reverse stock split 04-for-1 stock split 3-for-1 stock split Apache Corporation just paid an annual dividend of $1.40 a share. The firm has a target payout ratio of 40 and a speed of adjustment value of 50. What is the expected value of next year's annual dividend if the firm expects its earnings per share to be $7.00? $1.72 $1.84 O $1.96 $2.10 $2.23 Ruby owns 1,000 shares of Marriott stock. The company plans on issuing a dividend of $2.20 a share one year from today and then issuing a final liquidating dividend of $27.40 a share two years from today. The required rate of return is 14 percent. Ignoring taxes, what is the value of her holdings in this stock? $23,013.23 O $22,765.47 $21,329.15 $20.604.38 $24.375.62