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17) Lodge Pole Co shares are now selling for $27.50 per share. Lodge Pole board just declared a cash dividend of $0.75 per share with

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17) Lodge Pole Co shares are now selling for $27.50 per share. Lodge Pole board just declared a cash dividend of $0.75 per share with an ex-dividend date of April 15th and a 2- for-1 stock split effective May 31st You own 110 shares and your personal tax rate is 15%. i) Assuming no other movements in Lodge Pole stock, what will be the price per share on April 15th? ii) Assuming no other movements in Lodge Pole stock (other than the impact of the declared cash-dividend, if any) what will be the price of Lodge Pole stock on June 1? ii) How much income tax, if any, will you owe as a result of the above two events? Edit View Insert Format Tools Table 12pt Paragraph BIU AT

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