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The ACME Toy Company currently has 100,000 share of outstanding stock, with a market price of $100.00 per share. If all else remains constant, what
The ACME Toy Company currently has 100,000 share of outstanding stock, with a | |||||||||||||
market price of $100.00 per share. If all else remains constant, what will the price | |||||||||||||
of ACME's shares and number of shares after each of the following? Assume the events are consective (ie - take your answer from a and do the calculations for b) | |||||||||||||
a. Year 1, a 25% stock dividend. | |||||||||||||
b. Year 2, a 3-1 for one stock split. | |||||||||||||
c. Year 3, a 15% stock dividend. | |||||||||||||
d. Year 4, a 2-1 stock dividend. stock dividend. | |||||||||||||
e. If you had 1,000 shares of ACME's stock at Year 0, would would they be worth at the end of year 4 if the stock price at the end of year 4 was $50/share. |
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