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You own 100 shares of stock in SplitsVille Corporpation with a current share price of $100. Over the past three days, SplitsVille has done the
You own 100 shares of stock in SplitsVille Corporpation with a current share price of $100. Over the past three days, SplitsVille has done the following: It first split its stock 2-for-1. One day later it declared a 15% stock dividend. After one more day it executed a 1-for-3 reverse split. If you did not buy or sell any shares in the firm over this period, after each transaction, how many shares of stock did you have and what was the share price? Assume no market imperfections or tax effects exist.
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