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need answers to D Bermuda Triangle Corporation (BTC) currently has 360,000 shares of stock outstanding that sell for $99 per share. Assume no market imperfections
need answers to D
Bermuda Triangle Corporation (BTC) currently has 360,000 shares of stock outstanding that sell for $99 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if: (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) a. BTC has a five-for-three stock split. b. BTC has a 11 percent stock dividend. C. BTC has a 38.5 percent stock dividend. d. BTC has a four-for-seven reverse stock split. $ $ a. Price per share Shares outstanding b. Price per share Shares outstanding c. Price per share Shares outstanding d. Price per share Shares outstanding 59.40 600,000 89.18 399,600 71.48 498,600 $ Step by Step Solution
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