Question
Pepsi Corporation has 10 million common shares outstanding and the stock is currently trading at $60 per share. a) Assuming Alta issues a 20% common
Pepsi Corporation has 10 million common shares outstanding and the stock is currently trading at $60 per share.
a) Assuming Alta issues a 20% common stock dividend, what will be pepsis new share price immediately after the dividend?
b) Assume instead that pepsi issues a 5:2 common stock split, then what will be pepsi's new share price immediately after the split?
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
