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Stock Splits and Stock Dividends Stockton Mineral Operations ( SMO ) currently has 5 4 0 , 0 0 0 shares of stock outstanding that

Stock Splits and Stock Dividends Stockton Mineral Operations (SMO) currently has 540,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a. SMO has a 5-for-3 stock split?
b. SMO has a 15 percent stock dividend?
c. SMO has a 42.5 percent stock dividend?
d. SMO has a 4-for-7 reverse stock split?
e. Determine the new number of shares outstanding in parts (a) through (d).

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