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Part A-Stock Split Assume that you own 90 shares of common stock of a company on split. Required: which you have been per share each

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Part A-Stock Split Assume that you own 90 shares of common stock of a company on split. Required: which you have been per share each year. The company just announced a 5 for 4 stock a) How many shares of common stock will you own after the stock split? b) What new cash dividend per share amount will result in the same total dividend income as you received before the stock split? Part B-Reverse Stock Split Citigroups Inc.'s shareowners approved a 1 for 10 reverse stock split in 2011. Prior to the reverse stock split, Citigroup had 29 billion shares outstanding and a share price of about $5.00 per share. Required: a) How many shares will be outstanding after the reverse stock split? Assuming nor other stock activity, what will the Citigroup Inc. share price be after the reverse stock split How much would the Citigroup Inc. total value change due to the reverse stock split? b) c)

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