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need parts a, b c, and d (Stock splits and stock dividends) Chaney's Fatburner Gyms, Inc. operates a chain of exercise facilities throughout the Midwest.
need parts a, b c, and d
(Stock splits and stock dividends) Chaney's Fatburner Gyms, Inc. operates a chain of exercise facilities throughout the Midwest. The firm appeals to middle-aged men who suffer from obesity problems and want to improve their health by entering an exercise program. The firm currently has 7,700,000 shares of stock outstanding that have a current market price of $10.41. If all else remains constant, what will be the price of Chaney's shares after each of the following? a. A stock dividend of 18.2 percent. b. A two-for-one stock split c. A stock dividend of 33.3 percent. d. What would be the total number of shares outstanding after a through c? a. The price of Chaney's shares after a stock dividend of 18.2% will be $ Round to the nearest centStep by Step Solution
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