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Bermuda Triangle Corporation (BTC) currently has 5...

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Bermuda Triangle Corporation (BTC) currently has 500,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if (a) BTC has a five-for-three stock split. Price per share $ Shares outstanding (b) BTC has a 15 percent stock dividend. Price per share $ Shares outstanding (c) BTC has a 42.5 percent stock dividend. Price per share $ Shares outstanding (d) BTC has a four-for-seven reverse stock split. Price per share $ Shares outstanding

 

Paper#3728 | Written in 18-Jul-2015

Price : $25
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