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Suppose that you own 2,500 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at
Suppose that you own 2,500 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $125 per share.
A) What will be the number of shares that you hold after the stock dividend is paid? ( Do not round intermediate calculations).
B) What will be the total value of your equity position after the stock dividend is paid? ( Do not round intermediate calculations.)
C) What will be the number of shares that you hold if the firm splits five-for-four instead of paying the stock dividend?
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