Question
Bermuda Triangle Corporation (BTC) currently has 510,000 shares of stock outstanding that sell for $84 per share. Assume no market imperfections or tax effects exist.
Bermuda Triangle Corporation (BTC) currently has 510,000 shares of stock outstanding that sell for $84 per share. Assume no market imperfections or tax effects exist.
Determine the share price and new number of shares outstanding if:
a. BTC has a five-for-three stock split.
| Price per share | $ |
| Shares outstanding | $ |
b. BTC has a 11 percent stock dividend.
| Price per share | $ |
| Shares outstanding | $ |
c. BTC has a 43.0 percent stock dividend.
| Price per share | $ |
| Shares outstanding | $ |
d. BTC has a four-for-seven reverse stock split.
| Price per share | $ |
| Shares outstanding | $ |
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Finance And Security Global Vulnerabilities Threats And Responses
Authors: Martin S. Navias
1st Edition
1787381366, 978-1787381360
