11)Bill issued 200,000 shares of $2 par value stock. The book value of Bills common stockholders' equity is equal to $20 million. On August 1, he implements a two-for-one stock split. After the stock split, the total number of shares outstanding is 400000 shares, the total par value is $1 and the total book value is $20 million.

12) Assuming the market price per share of Bills stock was $150/share before the split, what should be the market price per share after the split?

13)On July 15, 2015, Tina declared and issued a 15 percent stock dividend. Prior to this dividend, Tina had 50,000 shares of $10 par value common stock issued and outstanding. The market value of Tinas common stock on July 15, 2015, was $23 per share. As a result of this stock dividend, by what amount would Tinas total stockholders' equity increase or decrease?

14) All else equal, what would we expect the approximate market value per share of Tinas stock to be after the dividend?

Please show calculations