Question
Stock Splits and Dividends Roll Corporation (RC) currently has 385,000 shares of stock outstanding that sell for $108 per share. Assuming no market imperfections or
Stock Splits and Dividends
Roll Corporation (RC) currently has 385,000 shares of stock outstanding that sell for $108 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a) RC has a five-for-three stock split?
b) RC has a 15 percent stock dividend?
c) RC has a 42.5 percent stock dividend?
d) RC has a four-for-seven reverse stock split?
Determine the new number of shares outstanding in parts (a) through (d)
(Can you also show this in Excel format please? )
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The Handbook Of Energy Trading
Authors: Stefano Fiorenzani, Samuele Ravelli, Enrico Edoli
1st Edition
1119953693, 978-1119953692
