ABC Corp. currently has 260,000 shares of stock outstanding that sell for $78 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

a. ABC has a five-for-three stock split?

b. ABC has a 15% stock dividend?

c. ABC has a four-for-seven reverse stock split?

d. Which of the above scenarios (a, b, or c) adds the most value to shareholders? Explain.