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Suppose you own 2,000 common shares of Laurence Incorporated. The EPS is $10.00, the DPS is $2.75, and the stock sells for $65 per share.

Suppose you own 2,000 common shares of Laurence Incorporated. The EPS is $10.00, the DPS is $2.75, and the stock sells for $65 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have? Round your answer to the nearest whole number. 4,000 shares What will the adjusted EPS and DPS be? Round your answers to the nearest cent. EPS $ 5 DPS $ 1.375 What would you expect the stock price to be? Round your answer to the nearest cent

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