Attempts Average/3 3. Problem 10-03 clook Problem 10-03 Jersey Medical earns $11.00 a share, selts for 5120, and pays a $6 per share dividend. The stock is split four for one and a $1.5 per share cash dividend is declared a. What be the new price of the stock? Round your answer to the nearest dollar $ by the firms to earrings do not change, what the payout ratio before and after the stock split? Round your answers to one decimal place. Payout ratio before the split VO Payout ratio after the split Grade it Now Save & Continue Continue without saving