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Storico currently has 17,000 shares outstanding that sell for $45.58 per share. The company plans to issue a stock dividend of 15 percent. How many

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Storico currently has 17,000 shares outstanding that sell for $45.58 per share. The company plans to issue a stock dividend of 15 percent. How many new shares will be issued? Multiple Choice 2.550 shares 2.800 shares 2.690 shares 19.550 shares 17000 Shares LTE stock sells for $28.77 per share and there are 460,000 shares outstanding. The company plans a 2-for-1 reverse stock split. Assuming no market Imperfections or tax effects, what will the stock price be after the split? Multiple Choice $57.54 O $28.77 $5115 $1439 $2877

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