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1 Problem 17-4 Stock Spilts and Stock Dividends (LO3] 30 Simmons Mineral Operations, Inc, SMOJ currently has 515,000 shares of stock outstanding that sell for

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1 Problem 17-4 Stock Spilts and Stock Dividends (LO3] 30 Simmons Mineral Operations, Inc, SMOJ currently has 515,000 shares of stock outstanding that sell for $40 per share. Assuming no market Imperfections or tax effects exist what wil the share price be after SMO has a five-for-three stock split? (Do not round Intermediate calculations and round your awer to 2 decimal places, ... 32.6.) SMO has a 15 percent stock dividend? (De not found intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) 200 SMO has 45 percent stock dividenden und intermediate calculations and ond your answer to 2 decimal places. 22163 SMO SE S Omediate Demo cament

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