Stock Split

Suppose you own 4,000 common shares of Laurence Incorporated. The EPS is $9.00, the DPS is $5.00, and the stock sells for $75 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have? Round your answer to the nearest whole number.

_____shares

What will the adjusted EPS and DPS be? Round your answers to the nearest cent.

EPS: $ ____

DPS: $ ____

What would you expect the stock price to be? Round your answer to the nearest cent.

$ _____