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Suppose you own 4,000 shares of Aaron, Inc. The EPS is $9.00 and dividends per share are $4.00. Currently, the stock sells for $150 per
Suppose you own 4,000 shares of Aaron, Inc. The EPS is $9.00 and dividends per share are $4.00. Currently, the stock sells for $150 per share. Aaron announces a 3-for-1 stock 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? Please show work and type response for clarification.
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