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Stock Splits and Stock Dividends [ LO 3 ] Red Rocks Corporation ( RRC ) currently has 4 2 5 , 0 0 0 shares
Stock Splits and Stock Dividends LO Red Rocks Corporation RRC currently has shares of stock outstanding that sell for $ per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a RRC has a fi veforthree stock split? b RRC has a percent stock dividend? c RRC has a percent stock dividend? d RRC has a fourforseven reverse stock split? Determine the new number of shares outstanding in parts a through d
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