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Shares in Raven Products are selling for $80 per share. There are 1 million shares outstanding. What will be the share price in each of
Shares in Raven Products are selling for $80 per share. There are 1 million shares outstanding. What will be the share price in each of the following situations? Ignore taxes. (Do not round intermediate calculations.) |
Share Price | ||
a. | The stock splits five for four. | $ |
b. | The company pays a 25% stock dividend. | |
c. | The company repurchases 100,000 shares. |
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