Question
Problem 4 Berk currently has 650,000 shares of stock outstanding that sell for $75 per share. Assuming no market imperfections or tax effects exist, what
Problem 4
Berk currently has 650,000 shares of stock outstanding that sell for $75 per share. Assuming no market imperfections or tax effects exist, what will the share price and the new number of shares after:
a.Berk has a six-for-four stock split?
b.Berk has a 17 percent stock dividend?
c.Berk has a 38.5 percent stock dividend?
d.Berk has a four-for-six reverse stock split?
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International Finance
Authors: Keith Pilbeam
3rd Edition
1403948372, 978-1403948373
