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Suppose you own 4,000 common shares of Smith. The EPS is $30.00, the DPS is $5.00, and the stock sells for $120 per share. Smith

Suppose you own 4,000 common shares of Smith. The EPS is $30.00, the DPS is

$5.00, and the stock sells for $120 per share. Smith Co. announces a 3-for-2 split. Immediately

after the split, how many shares will you have, what will the adjusted EPS and DPS be, and what

would you expect the stock price to be?

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