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Mill Creek Corporation (MCC) currently has 515,000 shares of stock outstanding that sell for $40 per share. Assuming no market imperfections or tax effects exist,
Mill Creek Corporation (MCC) currently has 515,000 shares of stock outstanding that sell for $40 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
MCC has a five-for-three stock split?
MCC has a 15% stock dividend?
MCC has a 44.5% stock dividend?
MCC has a two-for-seven reverse stock split
Determine the new number of shares outstanding in parts (a) through (d)
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