Question
Suppose you work for Shah Corporation as a Chief Financial Officer (CFO). Also suppose the stock of Shah Corporation is currently trading at $25 per
Suppose you work for Shah Corporation as a Chief Financial Officer (CFO). Also suppose the stock of Shah Corporation is currently trading at $25 per share.
a) If company issued a 20% stock dividend, what will its new price be?
c) If company does a 1:3 reverse split, what will its new share price be?
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Get StartedRecommended Textbook for
Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
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