Question
Bermuda Triangle Corporation (BTC) currently has 420,000 shares of stock outstanding that sell for $94 per share. Assuming no market imperfections or tax effects exist,
Bermuda Triangle Corporation (BTC) currently has 420,000 shares of stock outstanding that sell for $94 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
BTC has a five-for-three stock split?
BTC has a 15 percent stock dividend?
BTC has a 42.5 percent stock dividend?
BTC has a four-for-seven reverse stock split?
Determine the new number of shares outstanding in parts (a) through (d).
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
2nd Edition
0131471988, 978-0131471986
