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Bermuda Triangle Corporation (BTC) currently has 590,000 shares of stock outstanding that sell for $92 per share. Assuming no market imperfections or tax effects exist.Determine
Bermuda Triangle Corporation (BTC) currently has 590,000 shares of stock outstanding that sell for $92 per share. Assuming no market imperfections or tax effects exist.Determine the share price and new number of shares outstanding if (a) BTC has a five-for-three stock split. Price per share:$ Shares outstanding: (b) BTC has a 14 percent stock dividend. Price per share:$ Shares outstanding: (c) BTC has a four-for-seven reverse stock split. Price per share:$ Shares outstanding
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