QUESTION $5$

A$.$ Aryan Shah owns $1,000$ shares of Harish Bro Enterprises stock, which is valued at RM$15$ a share. Harish Bro just declared a stock dividend of $4$ percent.

How many units of shares will Aryan Shah own and what will be the price per share after the dividend?

$(6$ marks$)$

B$.$ LiLin Gossain Berhad has $8,600$ shares of stock outstanding at a market price of RM$10$ a share as at the second quarter of $2021.$

Which one of the following stock splits should the firm declare if it wants to increase the stock price to exactly RM$24$ a share?

$(2$ marks$)$