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A company is all-equity financed and has a market value of $1,000,000. There are 50,000 stocks currently outstanding. a) If the company announces a $1

A company is all-equity financed and has a market value of $1,000,000. There are 50,000 stocks currently outstanding.

a) If the company announces a $1 dividend per share, what would its stock price be before and after the dividend?

b) If the company decides to buy $50,000 worth of stock back, what would the stock price be after repurchase?

c) If the company announces a 300% stock dividend, what would be the stock price after new shares are distributed?

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