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Please answer the question bellow: . ABC Corp. currently has 260,000 shares of stock outstanding that sell for $78 per share. Assuming no market imperfections
Please answer the question bellow: .
ABC Corp. currently has 260,000 shares of stock outstanding that sell for $78 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a. ABC has a five-for-three stock split?
b. ABC has a 15% stock dividend?
c. ABC has a four-for-seven reverse stock split?
d. Which of the above scenarios (a, b, or c) adds the most value to shareholders? Explain.
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