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(Stock splits and stock dividends)Chaney's Fatburner Gyms, Inc. operates a chain of exercise facilities throughout the Midwest. The firm appeals to middle-aged men who suffer

(Stock splits and stock dividends)Chaney's Fatburner Gyms, Inc. operates a chain of exercise facilities throughout the Midwest. The firm appeals to middle-aged men who suffer from obesity problems and want to improve their health by entering an exercise program. The firm currently has 8 comma 000 comma 000 shares of stock outstanding that have a current market price of $11.08. If all else remains constant, what will be the price of Chaney's shares after each of the following?

a.A stock dividend of 20.8 percent.

b.A four-for-one stock split.

c.A stock dividend of 32.6 percent.

d.What would be the total number of shares outstanding after a through c?

a.The price of Chaney's shares after a stock dividend of 20.8 % will be $

(Round to the nearest cent.)

b.The price of Chaney's shares after a four-for-one stock split will be $

(Round to the nearest cent.)

c. The price of Chaney's shares after a stock dividend of 32.6 % will be $

nothing. (Round to the nearest cent.)

d.The total number of shares outstanding after the stock dividend of 20.8 % is

shares.(Round to the nearest integer.)

The total number of shares outstanding after the four-for-one stock split is

shares.(Round to the nearest integer.)

The total number of shares outstanding after the stock dividend of 32.6 % is

shares.(Round to the nearest integer.)

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