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Mill Creek Corporation ( MCC ) currently has 4 3 5 , 0 0 0 shares of stock outstanding that sell for $ 6 0

Mill Creek Corporation (MCC) currently has 435,000 shares of stock outstanding that sell for $60 per share. Assuming no market
imperfections or tax effects exist, what will the share price be after:
a. MCC has a five-for-three stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit
"$" sign in your response.)
New share price
$
per share
b. MCC has a 15% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit "$"
sign in your response.)
New share price
$|
per share
c. MCC has a 44.5% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit "$"
sign in your response.)
New share price
$
per share
d. MCC has a four-for-seven reverse stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal
places. Omit "$" sign in your response.)
New share price
$|
per share
e. Determine the new number of shares outstanding in parts (a) through (d).(Do not round intermediate calculations. Round the final
answers to the nearest whole number.)
a. New shares outstanding
b. New shares outstanding
c. New shares outstanding
d. New shares outstanding
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