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Alta Wind and Power Corporation (Alta) has 5 million common shares outstanding and the stock is currently trading at $40 per share. Required: a) Assuming

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Alta Wind and Power Corporation (Alta) has 5 million common shares outstanding and the stock is currently trading at $40 per share. Required: a) Assuming Alta issues a 15% common stock dividend, what will be Alta's new share price immediately after the dividend? b) Assume instead that Alta issues a 5:2 common stock split, then what will be Alta's new share price immediately after the spit? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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