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Problem 6 (**Please type out answers and calculations**Calibri (Body) font with no colours if using print- screen for graphs**Thank you!) Dartmouth Discount Marketing Corporation
Problem 6 (**Please type out answers and calculations**Calibri (Body) font with no colours if using print- screen for graphs**Thank you!) Dartmouth Discount Marketing Corporation (DDM) currently has 4,000,000 shares outstanding. The market price is $80. What will the new number of shares and share price be after: a) DDM has a 4 for 1 stock split? (Show your work!) b) c) DDM has a 15% stock dividend? (Show your work!) DDM has a 2 for 7 reverse split? (Show your work!)
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