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Suppose that you own 2 , 2 0 0 shares of Nocash Corporation and the company is about to pay a 2 5 % stock
Suppose that you own shares of Nocash Corporation and the company is about to pay a stock dividend. The stock
currently sells at $ per share.
a What will be the number of shares that you hold after the stock dividend is pald?
b What will be the total value of your equity position after the stock dividend is pald?
c What will be the number of shares that you hold if the firm splits fiveforfour Instead of paying the stock dividend?
Note: For all requlrements, do not round Intermedlate calculations.
Answer is complete but not entirely correct.
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