A company has just announced a 4-for-1 stock split, effective immediately. Prior to the split, the company had a market value of $10 billion with 120 million shares outstanding. Assuming that the split conveys no new information about the company, what is the value of the company, the number of shares outstanding, and price per share after the split? The market value of the company is billion. (Round your response to the nearest whole number) If stock prices did not follow a random walk, which of the following statements would be true? O A. Unexploited profit opportunities would never exist B. Very small changes in stock prices could not be predicted, and the optimal forecast of returns would not be equal to the equilibrium return OC. If large changes in a stock price could be predicted, then the optimal forecast of the stock return would be equal to the equilibrium return for that stock OD. There would be unexploited profit opportunities in the market and expectations would not be rational Currently a share of stock is paying a dividend (cash payout C) of 54.00 to be paid in exactly one year and has a known selling price in one year (P) of $25.00. The expected retum (R) of similar assets is 8.0%, and the current market price is $24.00. What is the total rate of retumn (Ron this asser? The total rate of return is 7%. (Round your response to one decimal place)