Poff Industries stock currently sells for $120 a share. You own 100 shares of the stock. The Company is contemplating a 2-for-1 stock split. Which of the following best describes what your position will be after such a split takes place? a. You will have 50 shares of stock, and the stock will trade at or near $120 share. b. You will have 200 shares of stock, and the stock will trade at or near $120 a share. c. You will have 50 shares of stock, and the stock will trade at or near $60 a share. d. You will have 200 shares of stock, and the stock will trade at or near $60 a share. e You will have 100 shares of stock, and the stock will trade at or near $60 a share. Reynolds Paper Products Corporation follows a strict residual dividend policy. All else equal, which of the following factors would be most likely to lead an increase in the firm's dividend per share? a. The company increases the percentage of equity in its target capital structure. b The firm's net income increases. c. Earnings are unchanged, but the firm issues new shares of common stock. d The number of profitable potential projects increases. e Congress lowers the tax rate on capital gains. The remainder of the tax code is not changed