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Suppose you own 4,000 common shares of Laurence Incorporated. The EPS is $9.00, the DPS is $2.00, and the stock sells for $80 per share.

image text in transcribed Suppose you own 4,000 common shares of Laurence Incorporated. The EPS is $9.00, the DPS is $2.00, and the stock sells for $80 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: shares What will the adjusted EPS and DPS be? Round your answers to the nearest cent. EPS: $ DPS: 5 What would you expect the stock price to be? Round your answer to the nearest cent. $

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