ASIA Co. has 30 million shares outstanding, trading for $60, with an EPS of $2.50 and a P/E

multiple of 24. The company earns net income of $200 million for the year and pays out an

annual dividend of $1.50 per share. The board of directors is considering a 3-for-2 stock split.

a) What is the companys stock price after the stock split?

b) What is the companys dividend yield after the stock split?