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4. Stock Splits and Stock Dividends [LO3] Simmons Mineral Operations, Inc., (SMO) currently has 490,000 shares of stock outstanding that sell for $73 per share.

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4. Stock Splits and Stock Dividends [LO3] Simmons Mineral Operations, Inc., (SMO) currently has 490,000 shares of stock outstanding that sell for $73 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. SMO has a five-for-three stock split? b. SMO has a 15 percent stock dividend? c. SMO has a 42.5 percent stock dividend? d. SMO has a four-for-seven reverse stock split

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