Great Eastern Rectangle (GER) currently has 1,000,000 shares of stock outstanding that sell for $49.25 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

a. GER has a seven-for-three stock split?

b. GER has a 5 percent stock dividend?

c. GER has a 12.5 percent stock dividend?

d. GER has a one-for-five reverse stock split?

e. Determine the new number of shares outstanding in parts (a) through (d).

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