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Name: Fadi Kohimifima na Stock Splits and Dividends 1. You have 10 shares of Gentex common stock and each sha r t- The company is

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Name: Fadi Kohimifima na Stock Splits and Dividends 1. You have 10 shares of Gentex common stock and each sha r t- The company is contemplating a stock split or stock dividend Thewe k dividend will have no effect on the market value of its equity A rch of the below independent scenarios computer 1. How many shares of Gentex stock do you have? 2. What is the price of each share of Centex stock? 3. What is the total value of your Gentex shares? Stock Splits a. Gentex has a 2 for 1 stock split 2 b. Gentex has a 3 for 2 stock split 3 c. Gentex has a 1 for 2 reverse stock split d. Gentex has a 5 percent stock dividend of 2. Again, assume you have 10 shares of Gentex stock. If Gentex has a 3 for 1 stock split, then a 3 for 2 stock split, and finally a 1 for 5 reverse split, how many shares of Gentex stock do you own? 3. Pancra Bread has 10,000,000 shares of stock outstanding with a market price of $75. After each of the below independent scenarios compute: 1. The price of share of one share of stock 2. The number of shares outstanding 3. The market capitalization of Panera Bread a. Panera pays a $2 per share dividend b. Panera has a 3 for 1 stock split

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