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6. Stock Splits and Stock Dividends. Bermuda Triangle Corporation (BTC) currently has 465,000 shares of stock outstanding that sell for $86 per share. Assuming no

6. Stock Splits and Stock Dividends. Bermuda Triangle Corporation (BTC) currently has 465,000 shares of stock outstanding that sell for $86 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 divdend?

d. BTC has a four-for-seven reverse stock split?

e. Determine the new number of shares outstanding in parts (a) through (d).

**Please show work. This was pulled from Essentials of Corporate Finance 9e Chapter 14 problem 6 (LO3)**

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