1. oatstanding now? What is the new pal VII Stock Splits and Stock Dividends (LO3] Red Rocks Corporation (RRC) currently has 350.000 shares of stock outstanding that sell for $90 per share. Assuming no market imperfections or tax eflects exist, what will the share price be after a. RRC has a five-for-three stock split? b. RRC has a 15 percent stock dividend? C. RRC has a 42.5 percent stock dividend? d. RRC has a four-for-seven reverse stock split? Determine the new number of shares outstanding in parts (a) through (d). The balance sheet for Chevelle Corp. is shown here in