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6-Suppose you own 5000 shares of some company. The EPS is $4 and the DPS is $0.85, and the stock sells for $110. The company

6-Suppose you own 5000 shares of some company. The EPS is $4 and the DPS is $0.85, and the stock sells for $110. The company announces 3 for 1 split. Immediately after the split, what will the adjusted EPS and DPS be?

a) $2.667 and $0.483

b) $2.333 and $0.516

c) $1.333 and $0.283

d) $0.714 and $1.374

e) $0.863 and $0.539

NEED to see the work and formulas PLZ. Will Rate! :)

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