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XYZ Corporation has 450,000 outstanding shares with a par value of p 100 per share. Ignore market imperfections or tax effects, what will the par

XYZ Corporation has 450,000 outstanding shares with a par value of p 100 per share. Ignore market imperfections or tax effects, what will the par value per share after each of the following independent assumptions:

a. AMG has a 2 to 1 stock split.

Answer: P 50 per share

b. AMG has a 20% stock dividend

Answer: P 83.33

Please answer letter C.

c. AMG has a 3-for-5 reverse stock split.

Answer: P____

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