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6. Stock Splits and Stock Dividends Bermuda Triangle Corporation (BTC) currently has 395,000 shares of stock outstanding that sell for $83 per share. Assuming no
6. Stock Splits and Stock Dividends Bermuda Triangle Corporation (BTC) currently has 395,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. BTC has a five-for-three stock split? b. BTC has a 15 percent stock dividend? c. BTC has a 42.5 percent stock dividend? d. BTC has a four-for-seven reverse stock split? e. Determine the new number of shares outstanding in parts (a) through (d)
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