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Problem 4 (6 marks) Blue Bay Corporation (BBC) currently has 1,200,000 shares outstanding. The market price is $98. What will the new number of shares

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Problem 4 (6 marks) Blue Bay Corporation (BBC) currently has 1,200,000 shares outstanding. The market price is $98. What will the new number of shares and share price be after each of the following: a) BBC has a 4 for 1 stock split? (2 marks) b) BBC has a 15% stock dividend? (2 marks) c) BBC has a 1 for 4 reverse split? (2 marks)

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