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Please help with finance question! Simmons Mineral Operations, Inc., (SMO) currently has 465,000 shares of stock outstanding that sell for $60 per share. Assuming no
Please help with finance question! Simmons Mineral Operations, Inc., (SMO) currently has 465,000 shares of stock outstanding that sell for $60 per share. Assuming no market imperfections or tax effects exist, what will the share price be after |
a. | SMO has a five-for-three stock split? |
New share price | $ |
b. | SMO has a 10 percent stock dividend? |
New share price | $ |
c. | SMO has a 50.5 percent stock dividend? |
New share price | $ |
d. | SMO has a four-for-seven reverse stock split? |
New share price | $ |
e. | Determine the new number of shares outstanding in parts (a) through (d) |
a. | New shares outstanding | |
b. | New shares outstanding | |
c. | New shares outstanding | |
d. | New shares outstanding | |
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