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Part I. TOLLERS Answer ALL of the following Q1. A company at present has 50,000 shares of stock outstanding that sell for $15 per share.

Part I. TOLLERS Answer ALL of the following Q1. A company at present has 50,000 shares of stock outstanding that sell for $15 per share. Assuming no market imperfections or tax effects exist. If the company has a 4 for 2 stock split announcements? a. Determine the new number of shares outstanding after split announcement (2 marks) b. What is the new stock price per shares after the split announcements? (2 marks) G Droon

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