n September, the board of directors of Chaparral Steel approved a stock spin of 4 -for 1 After the split, how many shares of Chaparral Steel stock will an investor have it he or she owhed 350 shates before the spla? (Do not round intermediate calculotions.) Michelle Townsend owns stock in Nationat Computers. Based on information in its annual feport. Nationat Computers reported aftertax earnings of $6,440,000 and has issued 2.800.000 shares of common stock. The stock is currently seling for $38 a share t. Calculate the eainings per share for National Camputers. (Round your answer to 2 decimal ploces.) b. Ciltu ate the prstestrings iPEi ratio for Nassonal Compoters. (Ute the rounded eornings per share from part a. Round your. snvwer to 2 decimol ploces. Analysts who follow JPMorgan Chase, one of the nation's largest provders of financial services, estimate that the corporaton's earnings per share will increase from $3.04 in the current year to $3.23 next year. a. What is the amount of the increase? (Round your answer to 2 decimal ploces.) Ameunt of incrase b. What effect. it ony should this increase have on the value of the corporation's stock? The stocie's markef value should increase: The trocics merker volue shouid decreasse. The socks market value should remann the same