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Kumamoto Poultry currently has 150,000 shares outstanding that sell for $700 per share. Assuming no market imperfections or tax effects exist, what will the share
Kumamoto Poultry currently has 150,000 shares outstanding that sell for $700 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a)Kumamoto has a five-for-two stock split?
b)Kumamoto has a 10 percent stock dividend?
c)Kumamoto has a 42.5 percent stock dividend?
d)Kumamoto has a four-for-seven reverse split?
e)Determine the new number of shares outstanding in part (a) through (d).
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