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Bermuda Triangle Corporation (BTC) currently has 580,000 shares of stock outstanding that sell for $91 per share. Assume no market imperfections or tax effects exist.
Bermuda Triangle Corporation (BTC) currently has 580,000 shares of stock outstanding that sell for $91 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if: (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) a. BTC has a five-for-three stock split. b. BTC has a 10 percent stock dividend. c. BTC has a 40.5 percent stock dividend. d. BTC has a four-for-seven reverse stock split. a. b. Price per share Shares outstanding Price per share Shares outstanding Price Shares outstanding Price per share Shares outstanding C. per share d
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