Problem 4 (8 marks) ARC Corp.currently has 450,000 shares of stock outstanding that sell for $42 per share. Assuming no market imperfections or tax effects exist, what will be the share price and the total number of shares after each of the following? (Please consider each one independently). a ARC has a five-for-four stock split. (2 marks) b. ARC has a 12 percent stock dividend. (2 marks) C. ARC has a $2.75 cash dividend. (2 marks) d. ARC has a four-for-five reverse stock split. (2 marks)