Bermuda Triangle Corporation (BTC)

currently has 465,000 shares of stock outstanding that sell for $86 per share.

Assuming no market imperfections or tax effects exist, what will the share

price be after:

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

b. BTC has a 15 percent stock dividend?

c. BTC has a 42.5 percent stock dividend?

d. BTC has a four-for-seven reverse stock split?

e. Determine the new number of shares outstanding in parts (a)

through (d).