1) "Last week, Belinda Inc. split its stock 4-for-1. Today, Belinda's paid a dividend equal to 0.26 per new (post-split) share. The dividend payment was 4 percent greater than last year's pre-split dividend. What was last year's dividend per share?"

2) Karmen, Inc. plans to initiate a 5-for-1 stock split. Karmen's stock 20 currently sells for 100 per share. What will be the per share price of the stock immediately following the split?