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Cookies and Cream has 34,000 shares outstanding at a market price of $89.40. What will the share price be if the company declares a stock

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Cookies and Cream has 34,000 shares outstanding at a market price of $89.40. What will the share price be if the company declares a stock dividend of 15 percent? ered Select one: o a. 577.74 b. $102.81 C. $89.40 d. $83.57 e. $80.65 Your company has arranged a revolving credit agreement for up to $62 million at an interest rate of 1.31 percent per quarter. The agreement also requires your company to maintain a compensating balance of 4 percent of the unused portion of the credit line, to be deposited in a non-interest bearing account. Your company's short-term investment account at the same bank pays an interest rate of .45 per quarter. What is the effective annual interest rate if your company borrows $27 million for one year? Select one: a. 6.84% b. 5.347 C.5.444 O d. 5.98% O e. 5.86% Heidi owns 900 shares of Boyd Enterprises, which is priced at $66.98 per share. The company plans a 6-for-5 stock split. How many shares will Heidi own and what will the share price be after the stock split? Select one: @ a. 1.080; $80.38 b. 750; $80.38 1 c. 1,080: $66.98 1 0 d. 1.080: 555.82 webe 750: 555.82

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