what will the share
Stock Splits and Stock Dividends Bermuda Triangle Corporation (BTC)
currently has 395,000 shares of stock outstanding that sell for $83 per share.
Assuming no market imperfections or tax effects exist,
what will the share price be after:
BTC has a five-for-three stock split?
BTC has a 15 percent stock dividend?
BTC has a 42.5 percent stock dividend?
BTC has a four-for-seven reverse stock split?
Determine the new number of shares outstanding in parts (a)
through (d).