Excrcise 8 22 Slock splits versus stock dividends L04 Assume that you own 60 shares of common stock of a company, that you have been receiving cash dividends of $6 per share per year, and that the company has a 3-for-2 slock spat Required: a. How many shares of common stock will you own after the stock spit? 90 b. What new cash dvidend per share amount wil resuit in the same total dividend income as you received betore the stock spit? (Do not round intermediate calculations. Round your answe to 2 decimal places) 400per share c. What stock dividend percentage could have accomplished the same end resuit as the 3-for-2 stock spit? ReterencesBook & Resources