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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 shares of stock outstanding that sell for $ per share. Assuming no market
imperfections or tax effects exist, what will the share price be after:
a MCC has a fiveforthree stock split? Do not round intermediate calculations. Round the final answer to decimal places. Omit
$ sign in your response.
New share price
$
per share
b MCC has a stock dividend? Do not round intermediate calculations. Round the final answer to decimal places. Omit $
sign in your response.
New share price
$
per share
c MCC has a stock dividend? Do not round intermediate calculations. Round the final answer to decimal places. Omit $
sign in your response.
New share price
$
per share
d MCC has a fourforseven reverse stock split? Do not round intermediate calculations. Round the final answer to decimal
places. Omit $ sign in your response.
New share price
$
per share
e Determine the new number of shares outstanding in parts a through dDo 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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