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Mill Creek Corporation (MCC) currently has 430,000 shares of stock outstanding that sell for $50 per share. Assuming no market imperfections or tax effects exist,

Mill Creek Corporation (MCC) currently has 430,000 shares of stock outstanding that sell for $50 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

a.

MCC has a 4-for-3 stock split?

New share price $ per share

b.

MCC has a 10 percent stock dividend? (Round your answer to 2 decimal places. (e.g., 32.16))

New share price $ per share

c.

MCC has a 43.5 percent stock dividend? (Round your answer to 2 decimal places. (e.g., 32.16))

New share price $ per share

d.

MCC has a 3-for-7 reverse stock split?

New share price $ per share

Determine the new number of shares outstanding in parts (a) through (d). (Round your answers to the nearest whole number. (e.g., 32))

a. New shares outstanding
b. New shares outstanding
c. New shares outstanding
d. New shares outstanding

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