Question
Suppose the stock of Host Hotels & Resorts is currently trading for $20 per share. If Host issues a 20% stock dividend, the new price
Suppose the stock of Host Hotels & Resorts is currently trading for $20 per share.
If Host issues a 20% stock dividend, the new price per share will be $__________. (Round to the nearest cent.)
If Host does a 3:2 stock split, the new price per share will be $__________. (Round to the nearest cent.)
If Host does a 1:3 reverse split, the new price per share will be $__________. (Round to the nearest cent.)
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Information Systems Assurance
Authors: David C Chan
2nd Edition
150081458X, 9781500814588
