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1) Mandaya Corp. announced a 3-for-2 stock split of its common stock, which currently is selling for 200 per share. Currently, 20,000 shares of stock

1) Mandaya Corp. announced a 3-for-2 stock split of its common stock, which currently is selling for 200 per share. Currently, 20,000 shares of stock are outstanding. What should be the market price per share of the stock immediately after the split is initiated?

2) "Last week, Shaya Inc. split its stock 5-for-2. Today, Shaya's paid a dividend equal to 0.20 per new (post-split) share. The dividend payment was 5 percent greater than last year's pre-split dividend. What was this year's dividend per share assuming the split doesn't happen?"

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