2. Kai Inc. has 420,000 shares outstanding at a market price of $33.00 a share. If the company declares a 3-for-2 stock split, they will have _ shares outstanding at a market price of: A. 280,000; $22.00 B. 280,000; $33.00 C. 280,000; $49.50 D. 630,000; $22.00 E. 630,000; $49.50 3. Kai Chung Corporation has decided on a 20% stock dividend. If the firm currently has 900,000 shares outstanding, how many shares will be outstanding after the stock dividend? A. 4,500,000 shares B. 1,080,000 shares C. 720,000 shares D. 180,000 shares E. 90,000 shares 4. Chung Corporation just declared a $0.52 dividend per share based on EPS of $6.50. Calculate the retention ratio A. 92% B. 8% C. 75% D. 25% E. 18% 5. KAI Tech, Inc. is a technology firm with good growth prospects. The firm wishes to do something to acknowledge the loyalty of its shareholders but needs all of its available cash to fund its rapid growth. The market price of its stock is currently trading in the middle of the preferred trading range. The firm could consider: A. Issuing a liquidating dividend. B. A stock split. C. A reverse stock split. D. Issuing a stock dividend. E. Issuing a special stock dividend.